FOR SALE LOCATION, LOCATION, LOCATION!images2.loopnet.com/d2/TWOdb21t0...FOR SALE LOCATION,...

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FOR SALE LOCATION, LOCATION, LOCATION!

JUANITA PROFESSIONAL PLAZA 9800 NE 120TH PLACE, UNIT B, KIRKLAND, W A

CBA ID# 171432 Easy Access to major thoroughfares—Market Street/98th/100th Ave,

Juanita Drive, NE 124th Street, & NE 116th Street.

5 Minutes to Freeway (I-405)

Part of Juanita Beach Business District—Long-term potential redevel-

opment

Traffic Count = 20,500 day (2015 data)

Zoning (JBD-6 = Juanita Business District 6) for more intensive uses,

office, medical, retail, and industrial.

2 years remaining on Absolute Net Investment

Long-term Dental Tenant—Keep as investment or convert to owner/

user

Phone: 425-641-4872

Fax: 425-641-4873

Email: nickolsrealty@integrity.com

NICKOLS REALTY, LLC

For more information contact:

ERIC NICKOLS

*Information from reliable sources, but not guaranteed.

Tenant: Dr. Downing Moua, D.M.D. (Dentist)

Condo Unit Size: 1186 square feet (NRA) (5475 Total Condo sf)

Land Size: 31,609 square feet (0.73 Acres)

Zoning: (JBD-6) Juanita Business District

Construction Date: 1969 (ren. 1990),

Construction Type: Wood Frame

Roof: Asphalt Composition

Parking: stalls (4.55/1000 sf)

Asking Price: $750,000

2017 Estimated Gross Income: $44,830

NOI: 2017 Estimates: $42,589 (assuming 5% vacancy factor)

2017 Cap Rate: 5.7%

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