Property Details

700 7th Ave S & 700 – 732 S Homer St

Seattle, WA 98108

$17,525,000

Available

CBA# 711204 courtesy of CBA Listing firm: Northmarq Commercial, LLC

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I’d like more information about 700 7th Ave S & 700 – 732 S Homer St, Seattle, MLS# 711204

Industrial

Property Type

61,950

Bldg Sq Ft

1985

Year Built

Property Overview

SINGLE-TENANT URBAN INFILL Industrial CAMPUS W/ 5-YEAR LEASEBACKTeam Vara is pleased to present the exclusive opportunity to acquire the VECA Electric & Technologies Headquarters, a premier core-industrial asset in the high-demand Seattle market. This mission-critical facility totals 61,950 SF across two buildings and is anchored by a brand new absolute NNN lease with 3.5% annual rental increases, providing a robust hedge against inflation.With over 80 years of operational history and nearly $600M in 2025 revenue, VECA is a top 25 privately held business in Washington. Beyond the elite tenant security, the asset offers exceptional long-term versatility; its original small-bay design and 20 grade-level doors ensure a seamless transition to high-paying incubator tenants should the build