Shoreline Professional Center
Great Owner-User or Investment Opportunity in the heart of Shoreline
Marketing description
The Andover Company, Inc. has been retained to exclusively market Shoreline Professional Center for sale. This two-story office property offers a compelling investment opportunity featuring a long-term, credit tenant on the ground floor and a vacant second-floor suite, providing immediate upside potential. The 9,044 SF building combines stable in-place income with value-add opportunity through lease-up or potential owner-user occupancy. Positioned along the highly visible Aurora Avenue corridor, the property benefits from strong exposure and convenient regional access.
Investment highlights
Prime North Seattle / Shoreline-Adjoining Location
Shoreline Professional Center is strategically positioned along the Aurora
Avenue North corridor, one of North Seattle’s most heavily traveled arterial
routes, providing exceptional visibility and access. The property benefits from
immediate access to SR-99, proximity to I-5, and convenient public
transportation options. The surrounding area features a diverse mix of retail,
office, and residential uses, supporting consistent foot and vehicle traffic and
reinforcing long-term demand for well-located office and service-oriented
space.
Stable In-Place Income with Credit Tenant
The ground floor of the building is fully leased on a long-term basis to GBC
International Bank, providing stable, predictable cash flow backed by a
creditworthy financial institution. The bank’s presence enhances the property’s
profile and provides daily customer traffic, while the long-term lease mitigates
near-term rollover risk. This in-place tenancy offers investors immediate
income stability, making the asset well-suited for both investment buyers and
owner-users.
Value-Add Upside Through Vacant Upper Floor
The second-floor office space will be delivered vacant at sale, presenting a
compelling value-add opportunity for a new owner. Investors can capitalize on
the ability to reposition, re-tenant, or potentially owner-occupy the upper floor
at market rents, allowing for income growth and increased asset value. This
combination of secure income and flexible upper floor potential creates an
attractive risk-adjusted investment, appealing to a broad range of buyer. Seller
willing to lease back for a short period if required.
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