Westover Plaza

Retail

15001 - 15033 Aurora Ave N, ShorelineWA 98133-6134

Property Details

Location

Address
15001 - 15033 Aurora Ave N, ShorelineWA 98133-6134
County
King
Submarket
CBA N. Seattle
Parcels
9310300075

Building Size

Building Size
24,599 SF
Retail Space
24,599 SF
Rentable Space
24,599 SF
Largest Contiguous
4,500 SF

Building Details

Type
 Retail
Number of Buildings
1
Number of Units
14
Occupancy Type
Multi-tenant
Number of Tenants
11
Percent Occupied
Building Class
Building Status
Existing
Floors
1
Year Built
1984
Sprinklers
No
Primary Const.
Brick
Total Parking
80
Parking Ratio
Security System
No

Land & Utilities

Land (Acres)
1.63 Acres
Land (SF)
70,970 SF
Rail Service
No
Zoning
MUZ
Lot Depth
Lot Width

Contacts

Public Remarks

Subject retail strip mall is part of City of Shoreline`s Hwy 99 redevelopment plan to upgrade three miles of Aurora Avenue North to improve safety for the 38,000 to 45,000 vehicles and the large number of pedestrians that use this highway through Shorelin

Current Listings

Property for Sale

$7,995,000
Cap Rate: 5.13%

Excellent location, high visibility strip mall (35,000+ traffic count!) with great tenant history. 100% leased! Over 5% cap rate! Mix of office and retail tenants. Recent improvements include brand new roof (being installed) and multiple HVAC system replacements. Recent Aurora improvements for Shoreline highlight opportunities for long term investment. Great regional demographics. 35,000+ traffic count. Great signage (2 signs).

MB zoning with great possibility of further expansion with 70 ft. (5+ stories) height zoning. The purpose of the mixed business zone (MB) is to encourage the development of vertical and/or horizontal mixed-use buildings or developments along the Aurora Avenue and Ballinger Way corridors.

MOTIVATED SELLER! BRING ALL OFFERS! Tax iD #: 9310300075

Excellent location, high visibility strip mall (35,000+ traffic count!) with great tenant history. 100% leased! Over 5% cap rate! Mix of office and retail tenants. Recent improvements include brand new roof (being installed) and multiple HVAC system replacements. Recent Aurora improvements for Shoreline highlight opportunities for long term investment. Great regional demographics. 35,000+ traffic count. Great signage (2 signs).

MB zoning with great possibility of further expansion with 70 ft. (5+ stories) height zoning. The purpose of the mixed business zone (MB) is to encourage the development of vertical and/or horizontal mixed-use buildings or developments along the Aurora Avenue and Ballinger Way corridors.

MOTIVATED SELLER! BRING ALL OFFERS! Tax iD #: 9310300075

View Details
View Details

Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CBA

Source: Commercial Brokers Association (CBA)

More Information

©Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Catylist Real Estate Software, Inc. does not assume any liability for errors or omissions.

Commercial Exchange is a national commercial real estate marketplace powered by Catylist.