
Overlook at Magnolia
3520 27th Pl W, Seattle, WA, 98199-2156, US
337 units
JLL has been exclusively retained for the sale of 1058 N 36th Street & 3611-3615 Woodland Park Avenue N (the “Fremont Development Site”, “Property” or “Site”), a trophy corner development site located in the heart of Seattle’s Fremont Neighborhood.
The Site is comprised of approximately 26,000 square feet of NC2-75 (M1) zoned land. Prominently located on the intersection of N 36th Street with Woodland Park Avenue N and Albion Place N, future tenants at this address will benefit from over 400 restaurants and retail establishments, earning Fremont a reputation of one of the hottest “going-out” destinations in town.
The Property’s irreplaceable location in Seattle’s exclusive Fremont neighborhood is known for attracting young, well-educated, and affluent renters with an average household income of over $180,000 within a 0.25- mile radius of the Site. Centrally located in a highly desirable lifestyle destination, the Property's convenient location offers accessibility to key job clusters in Downtown Seattle, South Lake Union, and the University District. The Property presents investors with the opportunity to acquire a premier development site in a leading submarket with limited supply.
Please be advised that current ownership has indicated both their willingness and desire to remain an investor in the future development venture. It is requested that all formal proposals include summary detail on capital structure and proposed partnership details in addition to price and proposed contract terms.