Investment summary

Kidder Mathews is pleased to present the opportunity to acquire Lake City Square, a well-located retail property at the intersection of two major arterials in a dense urban infill submarket approximately 15 minutes north of downtown Seattle.

Investment highlights

STRONG CREDIT TENANTS

National and regional tenants including Mechanics Bank, BECU, Panda Express, and H&R Block.
REDEVELOPMENT OPPORTUNITY

A 1.75 acre parcel zoned NC3P-95, a high density mixed-use zoning and an 95' building height limit.
HIGH TRAFFIC LOCATION

The center is located at a signalized intersection of Lake City Way (SR 522) and NE 125th where traffic counts exceed 27,000 cars per day.
DENSE SEATTLE NEIGHBORHOOD

The demographic base within a 5-mile radius of the property has a population over 421,105 people with average household incomes over $142,690.
VALUE ADD OPPORTUNITY

The former Bartell Drug location is a 16,742 square foot space available to an owner/user or tenant.