733 7th Ave - Office FOR SALE


Kirkland, WA 98033- Norkirk
$10,500,000 USD
206-713-5323
733 7th Ave, Kirkland, WA for Sale
$10,500,000 USD
Office - FOR SALE
1/5
null | Request Cap Rate

733 7th Ave
Kirkland, WA 98033
Norkirk


HIGHLIGHTS

  • 67 Total Parking Stalls plus abundant street parking available (1.01 acres between two tax parcels)
  • Recent significant upgrades - new roof and upgraded HVAC completed in 2020
  • Highly accessible and sought-after Kirkland location minutes from Downtown Kirkland and I-405
  • 7,584 RSF Available for occupancy on 1st Floor and 2,478 RSF Available for occupancy on the 2nd Floor
  • Asking Price: $10,500,000

OVERVIEW

Colliers International is pleased to present this opportunity to acquire an office building that sits in close proximity to downtown Kirkland. The offering includes a ±25,251 RSF building on 1.01 acres of land and an adjacent 0.23 acre parking lot. The building has 5,969 contiguous RSF available, plus an additional 4,092 RSF throughout, for an owner-user opportunity. Significant renovations to the building were completed in 2020. Located in the Kirkland submarket, it is just 15 minutes from downtown Bellevue and offers easy access to I-405 via NE 85th Street. Abundant shopping and dining at Kirkland Urban and downtown Kirkland are just minutes away. A new Bus Rapid Transit station at the intersection of I-405 and NE 85th is scheduled to open in 2027 providing improved accessibility for transit riders along the I-405 corridor and connection between Downtown Kirkland and Redmond.

FOR SALE DETAILS

PRICE

$10,500,000 USD

PRICE/SF

$416 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Parkade Plaza

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

67

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

43,996 SF

ZONING

LIT, Kirkland

APN/PARCEL ID

388580-7470,388690-1360

ASK ABOUT THIS PROPERTY

Derek HeedColliersMore Info
206-713-5323

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Derek HeedColliersMore Info
206-713-5323

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