Interbay Retail Center
1600 W Armory Way, Seattle, WA 98119
Key features
- 100% leased to nationally recognized, credit retail and service tenants including Michaels, HomeGoods, Total Wine, Bright Horizons, and ZoomCare
- 4.2-year weighted average lease term (WALT) with substantial embedded renewal optionality
- Approximately 15 years of remaining renewal options across Michaels, HomeGoods, and Total Wine
- Approximately 8 years of remaining lease term on Bright Horizons, a leading early-education operator
- Core Seattle infill location less than 5 miles from Downtown Seattle, with immediate access to SR-99 and I-5
- Dense, high-income trade area with approximately 216,000 residents within a 3-mile radius
- Modern construction (2016–2019) with limited near-term capital expenditure requirements
- Six-parcel configuration offering long-term flexibility and strategic site control
- Two vacant parcels totaling approximately 1.81 acres, providing future development, parcelization, or excess-land monetization optionality
- ZoomCare exercised its 5-year renewal option in 2025
Reach out to the broker for more info on lease terms and amenities
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Contacts
SVN | Cornerstone
Building Details
- For Sale Subject To Offer
- Property Type Retail - Power Center
- Property Size 98,976 SF
- Lot Size 7.7 Acre
- Parking Spaces Avail. 425
- Parking Ratio 4.29 / 1,000 SF
- Year Built 2016
- Date Updated May 16, 2026
Attachments
Getting Around
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Walk Score ®
Very Walkable (75) -
Transit Score ®
Good Transit (53) -
Bike Score ®
Biker's Paradise (97)
Location
- City Seattle, WA
- Zip Code 98119
- Market Seattle
Points of Interest
Terry & Mercer
2.20 miles
Westlake & Thomas
2.22 miles
Fairview & Campus Drive
2.27 miles
Terry & Thomas
2.27 miles
Westlake & 9th-Denny
2.37 miles
Westlake And 7th
2.53 miles
Westlake Hub
2.64 miles
3rd Avenue & Pine Street
2.71 miles
5th Avenue
2.72 miles
76
0.55 miles
ARCO
0.63 miles
Magnolia Chevron
1.07 miles
Shell
1.10 miles
Magnolia 76
1.15 miles
7-Eleven
1.33 miles
Electrify America
1.37 miles
Blink
1.42 miles
Volta
1.46 miles
Smith Cove Cruise Terminal Parking
0.59 miles
Cell Phone Lot
0.63 miles
Diamond Parking
0.76 miles
Dravus Lot
0.88 miles
Elliott Bay Marina Parking Lot
0.93 miles
Diamond
0.96 miles
Ross Lot
1.03 miles
Alumni Center Lot
1.05 miles
Ken's Market
0.59 miles
QFC
0.64 miles
Trader Joe's
0.99 miles
Albertsons
0.99 miles
PCC
1.39 miles
Fred Meyer
1.43 miles
Safeway
1.47 miles
Metropolitan Market
1.48 miles
Ross
1.55 miles
1600 W Armory Way Listing Summary
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What is the asking price at Interbay Retail Center?
The asking price for Interbay Retail Center is currently available on demand. Contact the listing broker for details.
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What is the total size of Interbay Retail Center?
Interbay Retail Center has a total of 98,976 square feet.
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What is the year built for Interbay Retail Center?
The year built for Interbay Retail Center is 2016.
SVN | Cornerstone