Property Details
9200 35th Avenue SW
Seattle, WA 98126
$1,289,000
Active
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Property Overview
Prime commercial real estate secured by a corporate-guaranteed 7-Eleven lease with 9.5 years of remaining firm term. Located at a high-visibility, high-traffic intersection at 9200 35th Ave SW, this hands-off NNN asset offers immediate, stable cash flow at an attractive 5.6% CAP rate. This property has been meticulously qualified for a smooth transaction: a No Further Action (NFA) letter is in hand from the Department of Ecology, the underground storage tanks are double-walled fiberglass, and the tenant has officially declined their Right of First Offer (ROFO). Perfect for 1031 exchange buyers seeking a passive, low-risk corporate tenant in a robust, high-demand Seattle submarket.
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Active
County
King
Neighborhood
Fauntleroy
Listed
Jun 10, 2026
Parcel Number
5347200020
Financial Summary
Cap Rate
5.60%
Net Operating Income
$72,673
Total Actual Rent
$6,056/mo
Building & Use
Building Sq Ft
1,848
Total Units
1
Sq Ft Rented
19,441
Zoning
Commercial
Possible Use
Commercial
Lot Size
19,441 sqft
Year Built
1964
Exterior & Lot
Lot Size
0.45 sqft
Year Built
1964
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Community
Exterior Features
Wood
Community & Access
Directions
From West Seattle Bridge head south on 35th. Property is on the left.
Location
City
Seattle
County
King
Coordinates
47.52069, -122.37635
Additional Information
Tax Year
2026
Possession
Array
Based on information submitted to the MLS GRID as of June 10, 2026 2:45 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
