KIRO Radio Properties

The Property is located along Eastlake Ave E, in Seattle’s South Lake Union submarket, the hub of one of the nation’s most concentrated biotech and life sciences corridors. Embedded within one of the wealthiest urban trade areas in the United States with an average household income of $177,605, 31% of households earning $200,000+, and nearly 80% college-educated. The Property’s Located on Eastlake Ave E, the primary north-south arterial along the east side of Lake Union, parallel to Interstate 5, connects South Lake Union to the University District to the north at the University Bridge. South Lake Union is one of the most sought-after urban neighborhoods in the Pacific Northwest, driven by world class employers and surging residential growth. The Property is located next to Alexandria Real Estate’s Seattle Cluster of properties and the Fred Hutchinson Cancer Research Center. Vulcan Real Estate recently completed Lake Union Piers within walking distance.1820 Eastlake Ave E is a 100% leased, single-tenant covered land play in Seattle’s Eastlake / South Lake Union. The Offering caters to passive investors who will benefit from in-place cash flow with minimal management, or active investors/developers who want an A+ development site. The property is anchored by a strong credit tenant with attractive zoning and a massing study for up to approximately 184 residential units (C1-55 (M) zoning).