Erik D Swanson - Commercial Real Estate Showcase

Erik D Swanson Property Listings
Associate Vice President
Kidder Mathews
601 Union St
Suite 4915,4720
Seattle, WA 98101-2341
(206) 296-9628
(206) 296-9629


Erik specializes in the sale of multi-tenant commercial assets throughout the state of
Washington. Prior to joining Kidder Mathews, Erik worked in the... More
Erik specializes in the sale of multi-tenant commercial assets throughout the state of
Washington. Prior to joining Kidder Mathews, Erik worked in the Seattle office of Marcus
& Millichap, where he earned several top selling agent awards and received the prestigious
National Achievement Award in his first year.
EDUCATION/EXPERIENCE
B.A., Communications, Washington State University
REPRESENTATIVE TRANSACTIONS
Since 2005, Erik has listed and sold multi-tenant commercial investment properties totaling
over $75 million dollars. A brief summary of some of these transactions follows:
• $5,716,667 – Maple Valley Center in Maple Valley, Washington
• $5,265,000 – Bowlero Square in Lakewood, Washington
• $5,000,000 – Composite Solutions Industrial in Auburn, Washington
• $1,725,000 – Anderson Building in Shoreline, Washington
• $1,700,000 – The 513 Building in Seattle, Washington
INDUSTRY INVOLVEMENT
• Member of the Commercial Brokers Association (CBA)
• Member of International Council of Shopping Centers (ICSC)
COMMUNITY INVOLVEMENT
Alzheimer’s Association –Tasteful Evening Committee Less 
DetailMap
300 Valley Mall Way - United Furniture Warehouse

Mount Vernon, WA 98273-2482


Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:1989
Building Size:21,250 SF Land Area:1.86 AC (81,022 SF)
For Sale Price:$2,648,000 Price/SF:$124.61
Cap Rate:7.25 %



Sale Notes:
United Furniture Warehouse is a single tenant net leased asset located in Mount Vernon, Washington.

The property is a 21,250 square foot, free-standing, retail showroom situated on a 1.86-acre
lot. The building is located in close proximity to Interstate 5 and midway between Seattle and
Vancouver B.C.

The owner/tenant will leaseback with a new 5-year triple-net (NNN) lease which provides that the tenant is responsible for all of the repairs and maintenance on the property (with the exception of structure & roof). An investor will enjoy passive income and an above average yield of 7.25% from an investment priced below replacement cost.

Kidder Mathews
Erik D Swanson
(206) 296-9628

Mike King
(206) 296-9600




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