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5307 Ballard Ave NW
Seattle, WA 98107
Asking Price
Contact for price
Asset Type
Restaurant Retail
Class
Class B
What's Special
Ballard Avenue Retail <p>— 10,889 SF fully leased retail property on Ballard Avenue, one of Seattle's top dining/retail corridors.</p><p>— Three established restaurant operators (Sabine Café, Gracia, Radiator Whiskey) on long-term NNN leases, meaning they cover all operating expenses.</p><p>— 5.8% cap rate with stable, passive income and no landlord expense obligations.</p><p>— Trophy-grade build-outs, notably Sabine's flagship custom interior with significant tenant investment. Building is in excellent condition.</p
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
