Property Details

Interbay Retail Center is a ±100,000 SF institutional-quality retail center located in Seattle's highly desirable Interbay submarket. Constructed between 2016 and 2019, the property is 100% leased to a diversified roster of nationally recognized retailers and service providers including HomeGoods, Michaels, Total Wine, Bright Horizons, and ZoomCare. The offering provides investors with durable in-place cash flow, modern construction, and an irreplaceable urban infill location less than five miles from Downtown Seattle.-100% leased to national credit tenants including Michaels, HomeGoods, Total Wine, Bright Horizons, and ZoomCare, providing durable, diversified income.-4.2-year weighted average lease term (WALT) with significant embedded renewal optionality across major anchors.-Long-term lease visibility with ~15 years of renewal options across Michaels, HomeGoods, and Total Wine, plus ~8 years remaining on Bright Horizons.-Recent tenant commitment and stability highlighted by ZoomCare’s exercised 5-year renewal option in 2025.-Four-parcel configuration with future parcelization optionality-Core Seattle infill location less than 5 miles from Downtown with immediate SR-99 and I-5 access, modern 2016–2019 construction, and limited near-term capex.