Property Details

5307 Ballard Ave NW

Seattle, WA 98107

$7,750,000

Available

CBA# 710812 courtesy of CBA Listing firm: RE/MAX Metro Realty, Inc.

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Office / Retail

Property Type

10,836

Bldg Sq Ft

Units

1900

Year Built

Property Overview

Fully leased 10,889 SF retail asset anchored by three highly regarded restaurant operators — Sabine Café, Gracia, and Radiator Whiskey — prominently located along the heart of Ballard Avenue, one of Seattle’s most vibrant and sought-after dining and retail corridors. This trophy investment offers a 5.8% cap rate with long-term, NNN leases in place, providing stable, passive income backed by strong, established tenants. The property benefits from exceptional build-outs, including a flagship, high-end custom interior at Sabine with significant tenant investment, while Gracia and Radiator Whiskey feature modern, well-appointed spaces that further elevate the asset’s overall quality. Ownership has invested heavily in structural and system upgrades, highlighted by a ~$700K seismic retrofit wi