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Office
Tower 801
LNP — Tower 801 2nd Ave LLC · Seattle, WA
Book value$84.2M
NOI$5.2Mtrailing twelve months
Cap rate6.1%
Occupancy92%
Asset class
Office
Market
Seattle, WA
Ownership
100%
Source system
Yardi
Acquired
2016
Rentable area
285,000 sqft
About
Class-A office tower on 2nd Avenue in downtown Seattle. Anchor tenant on a lease through 2031; stable in-place income.
History
book value ($M)
In the close
Q2 2026 · consolidation
StatusSigned off
Owning entityLNP
SourceYardi
NI this quarter$1.2M