Opportunity Zone Development: Investors can leverage unique tax benefits with this property, which spans over 21,000 square feet and is zoned for NC2-55 (M) in an Opportunity Zone.

Strategically Located: Located just six miles from downtown Seattle, this site provides convenient access to over 336,000 jobs and major employers like Meta, Apple, Amazon, Nordstrom, and Zillow.

Improving Submarket Indicators: The vacancy rate in South Seattle has decreased from 7.7% to 7.0% over the past year; annual asking rent growth is currently at 1.5%, with 4- and 5-star properties experiencing a higher growth rate of 2.8%; experts expect rent growth to accelerate to 2.6% by the end of 2025.

Impact of Boeing Field: King County International Airport – Boeing Field, located just three miles from the site, averages 180,000 aircraft takeoffs and landings annually; the airport supports $3.5 billion in local business, provides 16,000 jobs with $2 billion in labor income, and hosts more than 150 tenants contributing to over 5,000 jobs in the region.

Transit Oriented: Conveniently located 0.6 miles from the Othello Light Rail Station, providing connectivity to Downtown Seattle, University of Washington, and SeaTac International Airport; five bus stops within a half-mile radius offer additional access to public transportation.