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Harvard Market 1401-1431 Broadway
43,477 SF 83% Leased Retail Building Seattle, WA 98122 $25,000,000 ($575/SF) 5.43% Cap Rate
Investment Highlights
- The Center has a dedicated above and below level parking garage with 275 parking stalls with multiple points of ingress and egress
- The immediate trade area contains severe barriers to entry as Capitol Hill is extremely difficult to penetrate
- Due to the leasing upside and contracted rental increases the going in yield increases approximately 230 basis points upon stabilization
- The offering provides attractive value-add returns, with a secure year-1 as-is yield and it is extremely rare to find such a secure initial cap rate
- The offering provides upside through leasing of the free-standing 14,668 SF former Bartell Drugs (Rite Aid) space as well as an additional shop space
- Although not a part of the offering, QFC adds the grocery component, and daily goods draw to the Center
Executive Summary
Property Facts
Amenities
- Courtyard
- Restaurant
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Join: QFC, Bartell Drug, Starbucks, Chipotle, UPS Store, Banfield Pet Hospital, Dominos Pizza, AT&T, Great Clips, 8oz. Burger Co, & More! Just Opened: Woof Gang Bakery & Grooming & 206 Burger! • One Block from Cal Anderson Park • On-Site Parking Garage: 277 Stalls *Broker to verify commission with Listing Agent when submitting an offer.
Join: QFC, Bartell Drug, Starbucks, Chipotle, UPS Store, Banfield Pet Hospital, Dominos Pizza, AT&T, Great Clips, 8oz. Burger Co, & More! Just Opened: Woof Gang Bakery & Grooming & 206 Burger! • One Block from Cal Anderson Park • On-Site Parking Garage: 277 Stalls *Broker to verify commission with Listing Agent when submitting an offer.
Excellent stand-alone box retail building with surface parking in grocery anchored shopping center located in the heart of Seattle most densely populated core neighborhoods.
Join: QFC, Bartell Drug, Starbucks, Chipotle, UPS Store, Banfield Pet Hospital, Dominos Pizza, AT&T, Great Clips, 8oz. Burger Co, & More! Just Opened: Woof Gang Bakery & Grooming & 206 Burger! • One Block from Cal Anderson Park • On-Site Parking Garage: 277 Stalls *Broker to verify commission with Listing Agent when submitting an offer.
| Space | Size | Space Use | Position | Available |
| End Cap | 1,575 SF | Retail | - | 30 Days |
| End Cap | 941 SF | Retail | End Cap | 30 Days |
| 1425 | 14,972 SF | Retail | - | Now |
| Inline | 624 SF | Retail | End Cap | 30 Days |
End Cap
| Size |
| 1,575 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| 30 Days |
End Cap
| Size |
| 941 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| 30 Days |
1425
| Size |
| 14,972 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Inline
| Size |
| 624 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| 30 Days |
End Cap
| Size | 1,575 SF |
| Space Use | Retail |
| Position | - |
| Available | 30 Days |
Join: QFC, Bartell Drug, Starbucks, Chipotle, UPS Store, Banfield Pet Hospital, Dominos Pizza, AT&T, Great Clips, 8oz. Burger Co, & More! Just Opened: Woof Gang Bakery & Grooming & 206 Burger! • One Block from Cal Anderson Park • On-Site Parking Garage: 277 Stalls *Broker to verify commission with Listing Agent when submitting an offer.
End Cap
| Size | 941 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | 30 Days |
Join: QFC, Bartell Drug, Starbucks, Chipotle, UPS Store, Banfield Pet Hospital, Dominos Pizza, AT&T, Great Clips, 8oz. Burger Co, & More! Just Opened: Woof Gang Bakery & Grooming & 206 Burger! • One Block from Cal Anderson Park • On-Site Parking Garage: 277 Stalls *Broker to verify commission with Listing Agent when submitting an offer.
1425
| Size | 14,972 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Excellent stand-alone box retail building with surface parking in grocery anchored shopping center located in the heart of Seattle most densely populated core neighborhoods.
Inline
| Size | 624 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | 30 Days |
Join: QFC, Bartell Drug, Starbucks, Chipotle, UPS Store, Banfield Pet Hospital, Dominos Pizza, AT&T, Great Clips, 8oz. Burger Co, & More! Just Opened: Woof Gang Bakery & Grooming & 206 Burger! • One Block from Cal Anderson Park • On-Site Parking Garage: 277 Stalls *Broker to verify commission with Listing Agent when submitting an offer.
Nearby Major Retailers
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Harvard Market | 1401-1431 Broadway
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