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1953 Westlake Ave
Seattle, WA 98101
Retail Property For Sale
Investment Highlights
- 25-year secure and advantageous lease structure with 3, 10-year options with strong rental increases throughout
- Chase invested a significant amount of capital to develop this state of the art flagship branch. The building was fully redeveloped and is brand new.
- Severe barriers to entry
- Corporate "JP Morgan Chase Bank" lease signature who ranks #16 on the Fortune 500 list
- Dominant retail location in the heart of one of the top investment markets in the world
- long-term multi-family development growth
Property Facts
Property Type
Retail
Property Subtype
Bank
Building Size
8,480 SF
Building Class
B
Year Built/Renovated
2019/2021
Tenancy
Single
Building Height
3 Stories
Building FAR
1.95
Lot Size
0.10 AC
Zoning
DOC2 50030
Frontage
Property Taxes
| Parcel Number | 065900-0600 | Improvements Assessment | $2,407,500 |
| Land Assessment | $6,613,800 | Total Assessment | $9,021,300 |
Property Taxes
Parcel Number
065900-0600
Land Assessment
$6,613,800
Improvements Assessment
$2,407,500
Total Assessment
$9,021,300
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