Padden Commerce Park
11700-12016 NE 95th Street | 11711-12121 NE 95th Street | 9609-9611 NE 117th Ave, Vancouver, WA, 98682, US
37,760 sm
JLL Industrial Capital Markets, as exclusive advisor, is pleased to present the opportunity to acquire the fee-simple interest in 2600 West Commodore Way (the Property), a 58,281 square foot industrial building situated on a 1.61-acre parcel in Seattle, Washington, just minutes away from Fisherman’s Terminal, with unmatched access to Downtown. The Property is located in an infill, land-constrained area, and enjoys convenient access to the Port of Seattle and intermodal yards due to its strategic location in the Ballard Canal / Fisherman’s Terminal Submarket. 2600 West Commodore Way is 67% occupied by a diverse array of maritime tenants, including electric boat manufacturer, Zin Boats and marine supply tenant, Fisheries Supply Company. This investment opportunity offers investors in-place income while providing new ownership value-add upside by leasing the remaining vacant space. Through a minimal repositioning effort, a future owner can capitalize on the robust leasing fundamentals within this supply-constrained submarket.