Attributes
Year Built | 2000 |
Land Area |
|
Asset Description
JLL has been exclusively retained for the sale of the Time Apartments Site (the “Site” or “Property”), an outstanding transitoriented development opportunity in SeaTac’s expanding Angle Lake submarket. The Site is comprised of approximately 92,544 square feet of Community Business in the Urban Center (CB-C) zoned land and is currently a self-storage facility with over 300 storage units.
Investment Highlights
- Convenient access to major thoroughfares and walkable to Angle Lake Light Rail Station
- Ideally located near King County's largest employment drivers
- Highly accretive MFTE tax-exemption program
- In-migration, lack of new supply, and affordability bolster submarket fundamentals
Close proximity to plentiful retailers, outdoor spaces, and entertainment venues
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