949 Washington
949 Washington, Durham, NC, Durham, NC, 27701, US
37,492 sf
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 a 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 66.8% 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 vacancies. Through capital improvement plans, future investors will benefit from improved leasing activity within a submarket that has immediate access to a robust residential, commercial, and industrial community.