Available For Sale - Retail

0 SF | Show Pricing $

LISTED BY

Maggie Verger
Kidder Mathews, 206-205-0221

AVAILABILITY DETAILS

Size
0 SF
Price/SF
Show Pricing $
Listing ID
SA539889
Notes
Kidder Mathews is pleased to present the Buck Way Professional Service Center, a 100% occupied, two-tenant center leased to Evergreen Home Lending and NextHome Preview Properties, a residential real estate company. Evergreen Home Lending recently executed a new 3-year lease and NextHome Preview Properties will execute a new 2-year extension to commence at closing. The property benefits from its proximity to I-5 and direct frontage on East College Way, a major daily-needs retail corridor with over 24,000 vehicles per day. The property has been well maintained and was recently upgraded with a new roof in 2020. 100% OCCUPIED: Professional service building, benefiting from excellent co-tenancy and a probusiness community. HIGHLY VISIBLE LOCATION: Situated along the I-5 corridor and on East College Way, the town's main thoroughfare, with over 24,000 VPD. WELL MAINTAINED: The property is well maintained and benefits from recent capital improvement including a new roof in 2020. COMMITTED TENANTS: NextHome Preview Properties has occupied the space since 1999 and will be executing a 2-year lease extension with options at the time of closing. MINIMAL LANDLORD RESPONSIBILITY: The tenants operate on NNN and fixed modified gross leases, requiring minimal landlord responsibility. GREAT LOCATION: The property benefits from a population of over 60,000 with an average household income of $82,000 within a 5-mile radius.
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Maggie Verger, Kidder Mathews