LOCATION, LOCATION, LOCATION!
LOCATION, LOCATION, LOCATION! CBA ID# 517960
4 4 4 - 4 5 0 PA R K AV EN U E N ORT H , R EN TO N, WA 9 8 05 5
Easy Access to major SR 167, Maple Valley Highway
5 minutes to I-405
Traffic Count = 12,900/day
TWO parcels AND TWO buildings on prime corner lot location in area next to The Landing development and future expansion.
Flexible Zoning (Commercial Arterial) for many uses, office, medical, retail, and industrial. Keep one builidng Owner user portential for portion or all of smaller builidng 13,000 cars per day Traffic.
Currently 100% Leased to 3 tenants;
444 Building-Long term tenant with escalating rents and commercial kitchen (5100 sf).
450 Building-2 tenants with Owner-user potential or keep as investment (2241 sf).
For more information contact:
ERIC NICKOLS
Owner Financing Available
Phone: 425-641-4872 Fax: 425-641-4873 Email: [email protected]
NICKOLS REALTY, LLC
Demographics Population Avg. Income
1 Mile 10,147 $48,005
3 Mile 96,795 $63,275
*Information from reliable sources, but not guaranteed.
5 Mile 234,206 $69,948
Asking Price: 1,875,000 2012 Estimated Gross Income: $123,116 NOI: 2012 Estimates: $95,806 (assuming 8% vacancy factor) Cap Rate: % 5.11
Tenants: Merry Maids, NWBCC, Elite NW Building Size: 7,341 square feet (NRA) Land Size: 19,596 square feet (0.45 Acres) Zoning: (CA) Commercial Arterial Construction Date: 450 Building— 1977 (ren. 2004), 444 Building— 1980 Construction Type: Wood Frame Roof: Composite Shingle, Torch Down Parking: stalls (3.8/1000 sf)
444 Park Ave. North
450 Park Ave. North 1st Floor
2nd Floor
4 4 4 - 4 5 0 PA R K AV EN U E N ORT H , R EN TO N, WA 9 8 05 5
Easy Access to major SR 167, Maple Valley Highway
5 minutes to I-405
Traffic Count = 12,900/day
TWO parcels AND TWO buildings on prime corner lot location in area next to The Landing development and future expansion.
Flexible Zoning (Commercial Arterial) for many uses, office, medical, retail, and industrial. Keep one builidng Owner user portential for portion or all of smaller builidng 13,000 cars per day Traffic.
Currently 100% Leased to 3 tenants;
444 Building-Long term tenant with escalating rents and commercial kitchen (5100 sf).
450 Building-2 tenants with Owner-user potential or keep as investment (2241 sf).
For more information contact:
ERIC NICKOLS
Owner Financing Available
Phone: 425-641-4872 Fax: 425-641-4873 Email: [email protected]
NICKOLS REALTY, LLC
Demographics Population Avg. Income
1 Mile 10,147 $48,005
3 Mile 96,795 $63,275
*Information from reliable sources, but not guaranteed.
5 Mile 234,206 $69,948
Asking Price: 1,875,000 2012 Estimated Gross Income: $123,116 NOI: 2012 Estimates: $95,806 (assuming 8% vacancy factor) Cap Rate: % 5.11
Tenants: Merry Maids, NWBCC, Elite NW Building Size: 7,341 square feet (NRA) Land Size: 19,596 square feet (0.45 Acres) Zoning: (CA) Commercial Arterial Construction Date: 450 Building— 1977 (ren. 2004), 444 Building— 1980 Construction Type: Wood Frame Roof: Composite Shingle, Torch Down Parking: stalls (3.8/1000 sf)
444 Park Ave. North
450 Park Ave. North 1st Floor
2nd Floor
