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444 ELLIOTT AVE W
SEATTLE, WA 98119
Asking Price
$2.75M
Cap Rate
4.5%
Asset Type
Auto Shop Retail
Class
Class B
What's Special
50,700+ Vehicles Per Day <p>Owner/User or Value-Add Automotive Building For Sale or Lease</p><p>In Place Income Through 2027</p><p>High-Traffic, High-Visibility Location (50,700+ VPD) in Core Seattle</p><p>Flexible Zoning with Long-Term Redevelopment Potential </p><p>Strong Trade Area Surrounded by Significant Employers</p><p>Dense & Affluent Demographics </p><p>High Barrier-to-Entry Submarket</p><p>Income Tax-Free State </p>
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NOI
$80,000
Cap Rate
2.91%
DSCR
0.49
Underwater
Cash-on-Cash
-10.09%
Monthly Payment
$13,605.5
Annual Cash Flow
$-83,265.995
