Interbay Michaels

1700 W Armory Way, Seattle, WA 98119

Property Information

  • For Sale $12,770,000
  • Property Type Retail - Freestanding
  • Property Size 24,660 SF
  • Lot Size 1.17 Acre
  • Date Updated Oct 21, 2026

Description

Interbay Michaels offers the opportunity to acquire a 24,660 SF single-tenant net lease investment within Seattle’s fully leased Interbay Retail Center. Built in 2018, the property is fully leased to Michaels.

Highlights

  • High-income demographics with approximately 216,000 residents within a 3-mile radius
  • Located less than five miles from Downtown Seattle
  • Modern construction completed in 2018
  • Neighboring tenant Total Wine recently exercised its renewal option
  • Single-tenant net lease investment
  • Situated within the fully leased Interbay Retail Center
  • This location ranks in the top 25% of Michaels stores nationwide by foot traffic (Placer.ai, 2025 report)

Contacts

Location

  • 69/100 Somewhat Walkable
  • 53/100 Good Transit
  • 96/100 Biker's Paradise
Powered by Walk Score ®
Contact Listing Broker
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.