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FOR SALE LOCATION, LOCATION, LOCATION! JUANITA PROFESSIONAL PLAZA 9800 NE 120TH PLACE, UNIT B, KIRKLAND, WA 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: [email protected] NICKOLS REALTY, LLC For more information contact: ERIC NICKOLS *Information from reliable sources, but not guaranteed.

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Page 1: FOR SALE LOCATION, LOCATION, LOCATION!images2.loopnet.com/d2/TWOdb21t0...FOR SALE LOCATION, LOCATION, LOCATION! JUANITA PROFESSIONAL PLAZA 9800 NE 120TH PLACE, UNIT B, KIRKLAND, WA

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: [email protected]

NICKOLS REALTY, LLC

For more information contact:

ERIC NICKOLS

*Information from reliable sources, but not guaranteed.

Page 2: FOR SALE LOCATION, LOCATION, LOCATION!images2.loopnet.com/d2/TWOdb21t0...FOR SALE LOCATION, LOCATION, LOCATION! JUANITA PROFESSIONAL PLAZA 9800 NE 120TH PLACE, UNIT B, KIRKLAND, WA

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%

Page 3: FOR SALE LOCATION, LOCATION, LOCATION!images2.loopnet.com/d2/TWOdb21t0...FOR SALE LOCATION, LOCATION, LOCATION! JUANITA PROFESSIONAL PLAZA 9800 NE 120TH PLACE, UNIT B, KIRKLAND, WA

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