Carstar

HIGH BARRIERS TO ENTRY
This property provides an investor
the opportunity to break into a
rapidly growing Seattle submarket
with extremely high barriers to
entry for competing assets as most
adjacent developer is mixed-use &
multifamily.

PREMIER COMMERCIAL CORNER LOCATION
The parcels occupy a prime, heavily
trafficked corner spot ensuring
maximum visibility and access with
over 25,000 vehicles passing daily,
while located just over 5 miles from
downtown.

POTENTIAL FOR FUTURE DEVELOPMENT
Zoned IG2 U/65, this property offers
versatile land use options , including
manufacturing, commercial, and
entertainment uses, with flexible
height limits, size limits, and a
generous FAR of 2.5.

ON SITE VEHICLE STORAGE AND/OR PARKING
The property includes on-site
vehicle storage and parking f acilities,
a valuable asset in this bustling
neighborhood with limited space
available.

The Vara Group is pleased to present the investment sale
offering of the single-tenant Carstar located in the heart of the
Ballard industrial zone. Featuring two Light Industrial properties
totaling 13,055 RBA while strategically facing both Leary and
Ballard Way, these corner lots provide ample visibility. This .56 Acre
asset also includes an additional parcel featuring 5,000 SF of offstreet parking and storage.

The property is fully leased to Carstar Collision under a long-term
passive NNN lease agreement with annual increases, ensuring a
combination of stability and a hedge against inflation. The location
of this core asset offers the savvy investor the opportunity to
purchase a fully leased cash flowing asset on a prime corner
location in one of Seattle’s most popular and rapidly growing
neighborhoods.