Property Details

2500 15th Ave W

Seattle, WA 98119

$4,400,000

Pending

CBA# 690590 courtesy of CBA Listing firm: Newmark

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I’d like more information about 2500 15th Ave W, Seattle, MLS# 690590

Office / Retail

Property Type

5,745

Bldg Sq Ft

5.00%

Cap Rate

1960

Year Built

Property Overview

TThe offering provides the opportunity to acquire a ±5,745 square foot single-tenant Sherwin-Williams. Sherwin-Williams (SHW) is an investment-grade tenant located in one of the most dynamic and highly sought-after trade areas of Seattle. The asset is located minutes from downtown Seattle and South Lake Union, two blocks from Expedia’s 1.95-million square foot headquarters, and in the heart of the dense, high-income neighborhoods of Queen Anne, Magnolia, and Ballard. In 2025, Sherwin-Williams executed a brand-new 15-year lease extension, securing 17 years of remaining term with scheduled rent escalations and options extending through 2052.