Who doesn’t need more storage space? More parking probably would be nice too. If you think Shoreline/North City/Lake Forest Park/Bothell area is good location for an office or just private storage, I may have a good deal for you. Subject property is currently used as a retail store zoned residential multifamily.

N. City storage, office & prkg

Lower Level 2,400 Square Feet

PROPOSED MODIFICATION

Upper Level 800 Square Feet Proposed Tenant Improvement

This private offering could be a blessing for a start-up or stabilized business model. What makes this opportunity so exciting is your ability to custom suit your business needs where office, parking and storage is affordably available. Location is within close proximity of main Highways I-5, 99, 405 and public transportation.

ability to custom suit your business needs

Ground-level unit able to accommodate parking for 5-10 vehicles. Includes kitchen, bath, office and huge storage space.

This lease could be of great service to a North Seattle general contractor or any other general business like cab service that needs parking and storage. Retail and consulting business models are possible depending upon usage and how you feel.

A street-level convenience store is above storage space and occupies most of the upper level. Proposed street level office shown above is space the convenience store is not using. The space is already partitioned and ready for a new tenant.

Interested? Call 206-245-0159 or email – viccipe@gmail.com

Private entry with ample Parking

Private entry with parking

Kitchenette Entry Restroom

Kitchenette, Entry, Restroom

Side Entry Interior

Side Entry Interior

Open canvas of possibilities as primary or alternate site for your business operations. Email viccipe@gmail.com for more info.

Subject Area Rent Graph

Subject Area Rent Rates Graph

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Collection Street Cross Street Traffic Vol Year Distance
15th Ave NE
NE 196th St S
9,112
2017
0.05 mi
15th Ave NE
14th Ave NE SW
12,980
2017
0.06 mi
NE 196th St
NE 195th St SW
6,256
2017
0.07 mi
14th Ave NE
NE 195th St S
587
2017
0.10 mi
15th Ave NE
NE 192nd St N
13,176
2017
0.15 mi

Other statics from 1-5 mile radius of Subject Area:

Population 1 Mile 3 Mile 5 Mile
2018 Total Population: 16,432 136,465 322,076
2023 Population: 17,541 146,612 346,631
Pop Growth 2018-2023: 6.75% 7.44% 7.62%
Average Age: 40.10 40.50 40.40
Households
2018 Total Households: 6,832 55,950 133,210
HH Growth 2018-2023: 6.65% 7.40% 7.44%
Median Household Inc: $72,398 $77,098 $78,181
Avg Household Size: 2.40 2.40 2.40
2018 Avg HH Vehicles: 2.00 2.00 2.00
Housing
Median Home Value: $358,668 $392,196 $418,100
Median Year Built: 1969 1969 1972

Public Transportation

Commuter Rail

Drive Distance Edmonds Station Commuter Rail (Sounder South Line) 13 min
5.5 mile Airport Drive Distance
Seattle-Tacoma International Airport
30 min 25.9 miles
Victory Lane Brokerage Protection you can count on.

Victory Lane Brokerage
Protection you can count on.

Headquartered in Seattle, WA. We acquire, finance, design, permit, develop and operate commercial properties. We render real estate brokerage and business opportunities to better serve the owner/investor. Semi-annually we provide professional studies for todays entrepreneur.

please visit    www.victorylanebrokerage.com

Thousand blessings this Christmas & NEW YEAR’s coming!

Repositioning

Repositioning is to determine all best uses and selecting the best one. Best use deliberation is actual construction costs necessary to attract desirable new tenants. A keen understanding of markets and clever construction applications is critical for best repositioning efforts.

Industrial

Industrial is making a comeback in demand, not for manufacturing as much, but rather logistics. Big box distribution companies need large warehouse storage and delivery facilities all across America. Some preferred locations to invest are inside urban cores and near transportation hubs like railroads, airports and shipping docks.

Offices

Office is on shaky ground in 2020. Best office investments are in the A plus category with tech companies being the most attractive tenants. Clever repositioning for B minus categories will probably be required to accommodate the newer economy.

Multi-Family

Multifamily development is normally in strong demand. Labor and materials are expensive and cover most of your development budget. To determine your investment rate of return you need to consider projected revenues. If you plan on upgrading mechanical and structural systems you must incorporate clever repositioning strategies.

Land Acquisition

Land acquisition is normally the first prelude to development. A forensic study regarding zoning, critical areas, soil conditions, etc. is necessary to ensure project compatibility.