Madison Center
Price: $9,118,000
NOI: $569,855
Cap Rate: 6.25%
Building SF: 16,130 SF
Land SF: 22,140 SF
Status: Active
Madison Center presents a generational opportunity that has not been offered for sale in 30 years.
Madison Center is located in the dense, highly affluent Seattle neighborhood of Madison Valley with direct access to the Seattle CBD, University of Washington, and the residential neighborhoods of Madison Park, Broadmoor, Capitol Hill, Montlake, Washington Park and Madrona – all top of the
list for most desirable residential neighborhoods in Seattle.
Madison Center presents an outstanding opportunity to acquire a legacy asset exceptionally well located in a dense, close-in neighborhood of Seattle, Washington. Built in 1912, with renovations completed in 2014, Madison Center consists of five buildings located around a central courtyard. The asset has experienced exceptional care and management positioning it as the dominant center in the trade area, which will continue for the foreseeable future.