Cabana Van

Ideally located in the vibrant Ballard neighborhood close to Seattle CBD, in the southerly part of the neighborhood close to Salmon Bay. The site is comprised of a single tax parcel with a gross usable site area of 13,744 SF, or 0.32 acres. The site is on the southeast corner of 15th Ave NW and NW 49th St. The site is improved with an automotive shop totaling 4,820 SF, of which 31% is office space. Site coverage is 29.6%, with fenced yard use for RV display and storage. The property is 100% leased to Cabana Van and is currently on a month to month. Ownership will respond to offers as presented but reserves the right to set a definitive bid date.

Cabana Van is 100% leased, currently on a month to month, aside from the small site area improved with two billboards leased to Clear Channel Outdoor. The improvements no longer contribute value above the underlying land. Located minutes from Seattle’s South Lake Union neighborhood, the heart of the tech scene. Home to e-commerce giant Amazon, as well as leading tech companies Meta, Apple, and Google. Thriving hub for biotech and life science industries. Geographical center of Seattle, attracting residents and businesses for its pedestrianfriendly infrastructure and public transportation. 560+ workplace establishments with 13,500+ full-time equivalent workplace employees. 220 existing office buildings and 15.7 million SF of existing office space. 1.4 million SF of office space under construction. $45.18 market rent PSF in the SLU office market. Sound Transit to implement light rail extensions with service from Ballard to West Seattle through a multi-phased approach. Ballard Link Extensions will provide fast, reliable connections to dense residential and job centers throughout the region. Additionally, a new downtown Seattle light rail tunnel will provide capacity for the entire regional system to operate efficiently. These two separate Link extensions are part of the regional transit system expansion, a $53.8 billion investment, to add 62 new miles of light rail. Service to start by 2037.