2320 Commodore WaySeattle, WA 98199

Property Details for 2320 Commodore Way

Year built

2008

Construction

STEEL FRAME

Lot size

0.81 AC

Property size (Sq ft)

41,362 SF

Zone code

IG1 U/45

Property type

Office buildings

APN

277160-5313

APU

2771605313

Description

This exceptional three-story medical office building, totaling 32,866 square feet, presents a unique investment or leasing opportunity in the vibrant Seattle market. Located at 2320 West Commodore Way, King County, WA 98199, this 2009-constructed building sits on a 0.81-acre lot and offers 10,889 square feet of immediately available space. The building features a desirable multi-tenant configuration, allowing for flexibility in lease terms and tenant mix. Each floor boasts impressive 15-foot ceilings, providing ample space and a modern aesthetic. Parking is readily available with a generous 2.5 spaces per 1,000 square feet. The building is ideally suited for medical practices, but its design also allows for other office uses. The large contiguous space available makes it perfect for a single tenant seeking a significant footprint, or multiple tenants looking for smaller, yet modern suites. Its prime location in Seattle offers easy access to major transportation routes and a thriving business community. The building's modern design and ample parking make it an attractive option for both tenants and investors. This is a rare opportunity to acquire or lease a high-quality medical office building in a sought-after Seattle location. Contact us today to learn more about this exceptional property.

• CAP approach

  CAP return

  Valuation

  6%

  $11,214,445

  6.5%

  $10,351,795

  7%

  $9,612,381

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,390,408

  Geo Method

  $7,965,494

• Alternative Use

  Use

  Valuation

  Residential

  $12,836,226

  Hospitality

  $11,757,914

  Educational

  $9,782,447

  Medical

  $10,118,880

  Retail

  $15,217,139

Location Insight

City

Seattle

County

King

State

Washington

Latitude

47.6609

Longitude

-122.386

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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