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Transit Oriented Mixed Use Redevelopment Site

Asking Price: $28,500,000 USD  (Negotiable)

Linc Properties is pleased to present the opportunity to purchase SeaTac Center, one of the region’s most exciting new mixed-use redevelopment properties. Seatac Center is an outstanding Transit-Oriented High-density Residential and Commercial in-fill project.

The property is extremely well positioned for development of two new 17-story residential towers to accompany the existing retail and office/building improvements. Seatac Center has been designated by the City of Seatac as their premier gateway high density “urban village” property. Contributing
greatly to the promise of the location is the brand new $18 million dollar Sound Transit Light Rail Station currently under construction with a completion date scheduled for late 2008.

The Developer and Investor for this new offering will quickly realize that Seatac Center is one of the most unique and highly desirable locations to construct for the next cycle. With a proposed total of up to 850 new residential units plus the existing 35,703 s.f. of retail/office buildings and accompanying parking, the project will serve to satisfy an increasing demand in the region for a high-quality and convenient mixed-use community that will be serviced by the regions new and only light rail system.

The Puget Sound region is rated as the #1 best apartment market in the
country for 2008 and beyond and rated a “top buy choice” by the Urban
Land Insititue. The economics of dramatically increasing rental rates
(approximately 6% growth anticipated for 2008 and beyond), and the area’s
increasing employment base allows the Developer an outstanding opportunity
to capitalize on a rare large-scale development project.

About This Property

Category: Investing/Development Address: 15247 International Blvd Seatac Washington 98188 USA For Sale By: Agent Construction Year: n/a Area: 186,192 Sq. Ft

Bedrooms: n/a Bathrooms: n/a Sleeps: n/a Stories: 17 Parking Spaces: n/a

Features - Amenities

Mountain View New Transit Station Across The Street

Exisiting Retail/Office Business 850 Plus Residential Units

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Contact - More Information

Brian Leibsohn - Linc Properties   Phone:   425-4551122 Fax:   1-866-302-1336 Site:   www.lincproperties.com Your Name: Your Email: (will not be stored, we will never send you unwanted emails) Your Phone: Your Comments:

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