355 Richmond Beach Rd

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355 Richmond Beach Rd

Shoreline, WA 98177-3121
Asking Price
$11.50M
Asset Type
Traditional Office Office
Class
Class B

What's Special

Office | 26,277 SqFt <ul><li>​<strong>​Premium Visibility in a High-Income Neighborhood</strong> - Situated in one of the most desirable communities on the Puget Sound, 355 Richmond Beach Road offers outstanding visibility, accessibility, and quality of place for businesses and their customers alike. The surrounding area features a strong and growing base of high-income residents with demand for quality goods, services, and professional offerings. Proximity to major arterials and established commercial corridors fur

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NOI
$80,000
Cap Rate
0.70%
DSCR
0.12
Underwater
Cash-on-Cash
-17.47%
Monthly Payment
$56,895.725
Annual Cash Flow
$-602,748.705

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