425 Westlake AveSeattle, WA 98109

This exceptional Seattle storefront, located at 425 Westlake Ave N, presents a compelling investment opportunity. The property, owned by 4 & 9 Twenty-Five LLC, offers 25,920 square feet of retail space, with 24,222 square feet net rentable, spread across two stories in a building constructed in 1920. Currently occupied by Tesla under a triple-net (NNN) lease, the multi-tenant property boasts a strong net operating income (NOI) of $1,400,000, resulting in an attractive 7.57% capitalization rate. The asking price is $18,500,000. Situated on a 12,960 square foot lot, the property benefits from its prime location in Seattle's bustling commercial district, ensuring high foot traffic and excellent visibility. The permitted zoning is SM-SLU 175/85-280. The property's contemporary design features large windows, providing ample natural light. The interior offers a spacious, open floor plan ideal for retail operations, with high ceilings on the first floor and additional space on the second floor suitable for storage or offices. The property is well-maintained and equipped with modern amenities, including heating, cooling, and high-speed internet access. This is a rare opportunity to acquire a high-performing retail asset in a coveted Seattle location.