Seattle, WA
REAL ESTATE: Admiral Way 7-11 site for sale
(King County Assessor photograph)
Now and again, a verify of the industrial real-estate listings yields one thing of word. Tonight, it’s the 7-11 website at 4312 SW Admiral Means, listed on the market a few week in the past for $1,550,000. It’s a 2,560-square-foot lot zoned Neighborhood Business 55, for doubtlessly as much as 5 tales of mixed-use redevelopment. The itemizing additionally notes the location has held a 7-11 for greater than half a century – since 1968. Its sale wouldn’t essentially imply the top of that, although; the brochure for the itemizing says the 7-11’s lease runs by 2025, with two five-year extension choices after that. Property information present the most-recent 7-11 website sale in West Seattle was California/Erskine, which bought for $2.9 million three years in the past. Of the opposite 7-11 websites, three are company-owned – Highland Park, South Delridge, and thirty fifth/Avalon