ORTHODONTIC ASSOCIATES OF MERCER ISLAND

For Sale—$1,075,000

Orthodontic associates of mercer Island 2815-2819 80th Street • Mercer Island, Washington

Investment Highlights

The Property

• 100% leased through 2014, with additional options to renew.

• 2,642 SF of dental space.

• $28.00/SF • NNN lease structure.

• Built in 1958, renovated in 2003 and 2009—new roof, HVAC, electrical, and interior improvements.

• Minimum of 3% annual rental increases.

• 110’ deep x 80’ wide.

• Next rental increase in July 2011.

• Parcel number: 545230 0395.

• Solid cashflow with future redevelopment potential.

• Located in the heart of the Mercer Island commercial core.

For more information, please contact:

• 8,800 SF of land (0.20 acres).

• Zoning: TC (Town Center, City of Mercer Island, WA). Pat Mutzel 206.388.3004 [email protected]

601 Union Street, Suite 1400 Seattle, WA 98101 www.grubb-ellis.com

For Sale—$1,075,000

Orthodontic associates of mercer Island 2815-2819 80th Street • Mercer Island, Washington Island market square

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RENTON SEATAC For more information, please contact:

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Pat Mutzel 206.388.3004 [email protected]

601 Union Street, Suite 1400 Seattle, WA 98101 www.grubb-ellis.com