1455 Leary WaySeattle, WA 98107

Property Details for 1455 Leary Way

Year built

2001

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.02 AC

Property size (Sq ft)

94,759 SF

Zone code

IG2 U/65

Property type

Office buildings

APN

276830-2690

APU

2768302690

Description

This Class A, 18,406 sq ft office building in Seattle's Ballard neighborhood offers a variety of flexible workspace solutions. Located at 1455 NW Leary Way, Suite 400, this 2019 renovated property boasts 350 suites, with 5,970 sq ft currently vacant. Spaces range from 10 sq ft to a maximum contiguous 1,300 sq ft, catering to individuals or large companies. The building features nautical-inspired design, elevators, and is situated in a vibrant area with numerous restaurants and shops. Available options include private, fully furnished offices, serviced offices, custom spaces, disaster recovery spaces, and day offices. Tenancy is multiple, and the building provides a benefits program with exclusive discounts and procurement support. The property is conveniently located in King County, WA, 98107, offering a creative and trendy urban environment perfect for growing businesses and young professionals. This prime waterfront location provides a unique and inspiring workspace.

• CAP approach

  CAP return

  Valuation

  6%

  $25,692,718

  6.5%

  $23,716,356

  7%

  $22,022,330

• Comparable approach

  Method

  Valuation

  Relative Method

  $26,111,546

  Geo Method

  $18,248,688

• Alternative Use

  Use

  Valuation

  Residential

  $29,408,280

  Hospitality

  $26,937,826

  Educational

  $22,411,956

  Medical

  $23,182,738

  Retail

  $34,863,044

Location Insight

City

Seattle

County

King

State

Washington

Latitude

47.6633

Longitude

-122.375

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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