for sale exclusively represented by kirkland central · sugaring is an ancient art, dating back to...

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Kirkland Central Daron Sturgill 212-215 Kirkland Avenue, Kirkland, WA 98033 FOR SALE EXCLUSIVELY REPRESENTED BY T: 425.643.2181 E: [email protected] www.appliedcapitalre.com

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Page 1: FOR SALE EXCLUSIVELY REPRESENTED BY Kirkland Central · Sugaring is an ancient art, dating back to 1900 BC, which consequently makes it an all-natural hair removal technique. The

Kirkland Central Daron Sturgill212-215 Kirkland Avenue, Kirkland, WA 98033

FOR SALE EXCLUSIVELY REPRESENTED BY

T: 425.643.2181 E: [email protected]

Page 2: FOR SALE EXCLUSIVELY REPRESENTED BY Kirkland Central · Sugaring is an ancient art, dating back to 1900 BC, which consequently makes it an all-natural hair removal technique. The

KIRKLAND CENTRAL

Applied Capital, LLC. Daron Sturgill14100 SE 36th St., Suite 202, Bellevue, WA 98006

COMMERCIAL BROKERAGE EXCLUSIVELY REPRESENTED BY

T: 425.643.2181 F: 425.643.2191 E: [email protected]: 425.643.2181 E: [email protected]

OFFERING• Investment: $7,250,000• 2017 NOI: $325,058• Average Rent: $34 / NNN• 100% leased• 4.5% cap rate

• Six commercial condominiums• 9,245 RSF• Built in 2006• 25 parking stalls• 10 storage units• Located in the heart of

downtown Kirkland• Walking distance to Lake

Washington, shops, restaurants, Kirkland Library, Kirkland Performing Arts Center, and much more.

• Located at the base of a 5 story 110 unit luxury condomium

• Occupied by Chase Bank, Green E Juice, The French Bakery, Salon Saida, Sugar Plum, and Barr3 Fitness

HIGHLIGHTS

INVESTMENT SUMMARY

Page 3: FOR SALE EXCLUSIVELY REPRESENTED BY Kirkland Central · Sugaring is an ancient art, dating back to 1900 BC, which consequently makes it an all-natural hair removal technique. The

KIRKLAND CENTRAL

Applied Capital, LLC. Daron Sturgill14100 SE 36th St., Suite 202, Bellevue, WA 98006

COMMERCIAL BROKERAGE EXCLUSIVELY REPRESENTED BY

T: 425.643.2181 F: 425.643.2191 E: [email protected]: 425.643.2181 E: [email protected]

REGIONAL MAP

Page 4: FOR SALE EXCLUSIVELY REPRESENTED BY Kirkland Central · Sugaring is an ancient art, dating back to 1900 BC, which consequently makes it an all-natural hair removal technique. The

KIRKLAND CENTRAL

Applied Capital, LLC. Daron Sturgill14100 SE 36th St., Suite 202, Bellevue, WA 98006

COMMERCIAL BROKERAGE EXCLUSIVELY REPRESENTED BY

T: 425.643.2181 F: 425.643.2191 E: [email protected]: 425.643.2181 E: [email protected]

LOCAL MAP

Page 5: FOR SALE EXCLUSIVELY REPRESENTED BY Kirkland Central · Sugaring is an ancient art, dating back to 1900 BC, which consequently makes it an all-natural hair removal technique. The

KIRKLAND CENTRAL

Applied Capital, LLC. Daron Sturgill14100 SE 36th St., Suite 202, Bellevue, WA 98006

COMMERCIAL BROKERAGE EXCLUSIVELY REPRESENTED BY

T: 425.643.2181 F: 425.643.2191 E: [email protected]: 425.643.2181 E: [email protected]

AERIAL MAP

Page 6: FOR SALE EXCLUSIVELY REPRESENTED BY Kirkland Central · Sugaring is an ancient art, dating back to 1900 BC, which consequently makes it an all-natural hair removal technique. The

KIRKLAND CENTRAL

Applied Capital, LLC. Daron Sturgill14100 SE 36th St., Suite 202, Bellevue, WA 98006

COMMERCIAL BROKERAGE EXCLUSIVELY REPRESENTED BY

T: 425.643.2181 F: 425.643.2191 E: [email protected]: 425.643.2181 E: [email protected]

JP Morgan Chase Bank, N.A., doing business as Chase Bank, is a national bank that constitutes the consumer and commercial banking subsidiary of the multinational banking corporation JP Morgan Chase. The bank is headquartered in Columbus, Ohio, since its merger with Bank One Corporation in 2004. In 2008, the bank acquired the deposits and most assets of Washington Mutual.

Chase offers more than 5,100 branches and 16,100 ATM’s nationwide. JP Morgan Chase has approximately 265,359 employees and operates in more than 100 countries. JP Morgan Chase currently has assets of approximately US$2.6 trillion.

JP Morgan Chase, through its Chase subsidiary, is one of the Big Four banks of the United States.

Exercise, nourish, and connect: these are the 3 pillars of the barre3 approach. It’s not just about how hard you work out or the numbers on the scale. It’s about nourishing your body and making connections in order to lead a balanced and happier life. By focusing on whole-body health, we empower you to feel your best from the inside out.

The founders after 20+ years in the corporate fitness industry, they decided to seek more balance in their lives and help others do the same. Together they pooled their experience and resources to found barre3—a new brand of fitness melding exercise, nutrition, and community. They opened their flagship studio in Portland, Oregon in 2008, creating an innovative studio workout and a culture of whole-body health. Today, the barre3 community reaches across the country with nearly 100 studios, led by passionate studio owners and instructors who share the barre3 vision, and to an online community that extends around the world.

TENANTS

Page 7: FOR SALE EXCLUSIVELY REPRESENTED BY Kirkland Central · Sugaring is an ancient art, dating back to 1900 BC, which consequently makes it an all-natural hair removal technique. The

KIRKLAND CENTRAL

Applied Capital, LLC. Daron Sturgill14100 SE 36th St., Suite 202, Bellevue, WA 98006

COMMERCIAL BROKERAGE EXCLUSIVELY REPRESENTED BY

T: 425.643.2181 F: 425.643.2191 E: [email protected]: 425.643.2181 E: [email protected]

The French Bakery was founded in 2008 in the city of Kirkland, Washington. Currently, we have the pleasure of serving customers in four locations in Washington’s Eastside

We are passionate about baking the best tasting pastries, breads and desserts every day to serve only the freshest food for our customers. At the beginning of each morning, we combine the highest quality ingredients into our dough as we begin the pro-cess of making each individual pastry and bread. Our dedicated and determined team of bakers and chefs roll and cut every pastry and bread by hand. As the ovens warm up, we begin baking each tray of dough and soon the nice aroma of butter, sweet fruits, cheeses and dough fill our bakery and café.

Located in vibrant Bellevue and Kirkland neighborhood, the French Bakery draws in customers eager to start their day with a delicious cup of espresso as they sip on a cup of hot latte along with mouthwatering crepes, they can tune in to beautiful music and bask in the wonderful aroma of fresh baked pastries

The fundamental value of Green E Juice is to emphasize that good health is about balanced nutrition. In the modern world, there is an overwhelming amount of stress and anxiety that we often neglect our own health. Prioritizing good health becomes secondary while fast food becomes more convenient and energy drinks are used for an extra boost. What our body needs most is a full range of minerals and vitamins.

Green E Juice will be an era of change; our goal is to be a station of energy, providing you with a simple yet natural way to give your body the balanced nutrition that is essential to a well-rounded diet. We provide delicious and nutritious drinks and meals to accommodate and enhance those busy days. Green E Juice smoothies are all natural and blended to perfection with high quality, local produce, including fruits and vegetables. We are founded on the Chinese philosophy of Yin and Yang. Our recipes date back many generations and have been an essential element in their daily diets. Each and every cup is a liv-ing beverage that nourishes, satiates, and energizes the body.

TENANTS

Page 8: FOR SALE EXCLUSIVELY REPRESENTED BY Kirkland Central · Sugaring is an ancient art, dating back to 1900 BC, which consequently makes it an all-natural hair removal technique. The

KIRKLAND CENTRAL

Applied Capital, LLC. Daron Sturgill14100 SE 36th St., Suite 202, Bellevue, WA 98006

COMMERCIAL BROKERAGE EXCLUSIVELY REPRESENTED BY

T: 425.643.2181 F: 425.643.2191 E: [email protected]: 425.643.2181 E: [email protected]

Owned and operated by women, Sugar Plum implements a global standard to our business that is beneficial socially, economi-cally, and environmentally sustainable.

Sugaring is an ancient art, dating back to 1900 BC, which consequently makes it an all-natural hair removal technique. The only necessary ingredients are sugar, water, and citric acid (ours is from fermented mushrooms). Sugar Plum was the first company to create a USDA Organic and Fairtrade Sugaring Paste.

One of the benefits of sugaring on a regular basis is that hair growth can noticeably decrease between four and eight visits. Our sugaring technicians are committed to providing quality service. They are professionally trained and their goal is to give each client the most comfortable experience possible. We understand that can look different for everyone, so we don’t mind if you want to go sugarist shopping, trying out each of our technicians until you find that perfect fit. When you find the right sugarist for you, they truly are a keeper!

Set in the heart of Kirkland, Washington, Salon Saida is the newest destination for high quality, friendly and professional beauty services. Salon Saida is a full service hair salon offering cutting, styling, permanents, hair color and hi-lights, up-do’s, waxing, and bridal consultation/weddings.

The salon boasts 1,300 square feet of space, with large picture windows looking out over beautiful downtown Kirkland. The salon caters to men, women, and children.

Salon Saida is known throughout Kirkland for beautiful hair cutting and styling and for a great selection of quality retail products.

Clients at Salon Saida confidently receive stylish, personalized, and up-to-date styles any time from any one of our stylists.

Salon Saida

TENANTS

Page 9: FOR SALE EXCLUSIVELY REPRESENTED BY Kirkland Central · Sugaring is an ancient art, dating back to 1900 BC, which consequently makes it an all-natural hair removal technique. The

KIRKLAND CENTRAL

Applied Capital, LLC. Daron Sturgill14100 SE 36th St., Suite 202, Bellevue, WA 98006

COMMERCIAL BROKERAGE EXCLUSIVELY REPRESENTED BY

T: 425.643.2181 F: 425.643.2191 E: [email protected]: 425.643.2181 E: [email protected]

RENT ROLL