The Firestone lot next to McDonald’s on NW Market St. is for sale, and a senior living company is reportedly eyeing the property.

The sales price for the 1145 NW Market St. property is $8.5 million, and the listing shows it’s currently “pending.” The Daily Journal of Commerce reports that Aegis Senior Communities has filed an early plan to build a new development there.

Aegis is rapidly expanding from its current 14 properties in Western Washington. The company’s website lists 8 new properties under development, including locations in Greenwood, Ravenna, Lake Union and Laurelhurst. The Ballard location would be its ninth new property.

Meanwhile, as we reported last month, the McDonald’s next door is planning to rebuild the restaurant from the ground up.