Listed by Marcus & Millichap - Seattle
$2,750,000
Pep Boys (Dark) | Owner/User Automotive Shop
Details
APN 199220-0005
Property Type Retail
Sub Type Auto Shop
Square Footage 5,625
Units 1
Cap Rate 4.50%
NOI $124,080
Tenancy Vacant
Lease Type NNN
Lease Expiration 12/31/2027
Rent Bumps No
Price per SqFt $489
Broker Co-Op True
Year Built 1959
Year Renovated 2016
Buildings 1
Stories 2
Acreage 0.280
Zoning C2-55
Investment Type Owner/User
Tenant Credit Corporate Guarantee
Lease Commencement 12/19/2017
Ground Lease No
Ownership Fee Simple
50,700+ Vehicles Per Day
Investment highlights
Owner/User or Value-Add Automotive Building For Sale or Lease
In Place Income Through 2027
High-Traffic, High-Visibility Location (50,700+ VPD) in Core Seattle
Flexible Zoning with Long-Term Redevelopment Potential
Strong Trade Area Surrounded by Significant Employers
Dense & Affluent Demographics
High Barrier-to-Entry Submarket
Income Tax-Free State
Listing Contacts
Listed by Marcus & Millichap - Seattle
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$124,080.00
$10,340.00/mo
Valuation Metrics
0
DSCR
4.51%
Cap Rate
4.51%
ROI
Map
Zoning
C2-55(M) CommercialGeneral CommercialCommercial Mandatory Housing Affordability
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View all 80 uses
View all 80 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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