105 Central Way - Storefront Retail/Office FOR SALE


Kirkland, WA 98033- Downtown Kirkland
$18,830,000 USD
206-518-9567
105 Central Way, Kirkland, WA for Sale
$18,830,000 USD
Storefront Retail/Office - FOR SALE
1/26
null | 5% Cap Rate

105 Central Way
Kirkland, WA 98033
Downtown Kirkland


HIGHLIGHTS

  • Generational Kirkland Waterfront Location
  • 2.5% - 3.0% Annual Rental Increases
  • 5.44 Years of WALT
  • Exclusive Parking Garage
  • New 10-Year Molly Moons Lease
  • 100% Occupied

OVERVIEW

Kirkland Lake Building presents the exceptional opportunity to acquire a rare, generational asset located in the heart of Kirkland's downtown waterfront. This rare investment offering features a dynamic use profile, encompassing 12,573 SF of retail and 9,908 SF of office. Strategically positioned on Central Way, Kirkland Lake Building lies at the epicenter of the downtown waterfront district, one of Kirkland's most walkable, transit-connected, and culturally rich districts. The Property benefits from strong foot traffic, excellent access & visibility, and thriving urban-suburban environment.

FOR SALE DETAILS

PRICE

$18,830,000 USD

PRICE/SF

$628 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kirkland Lake Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1929

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

CBD 2

APN/PARCEL ID

062505-9023

ASK ABOUT THIS PROPERTY

Billy SleethNewmarkMore Info
206-518-9567

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Billy SleethNewmarkMore Info
206-518-9567

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.