INVESTMENT HIGHLIGHTS

INVESTMENT HIGHLIGHTS

AAA location development site in highly sought-after shoreline submarket.

Rare 0.87 acre site located adjacent to aurora village retail trade area.

Located walking distance from costco, home depot and over 400,000 sf of retail

Attractive mixed business (mb) zoning allowing for development height limits of up to 70 feet and sample massing for 210 units. Zoning allows for development of residential, retail, office, self-storage, and many other uses.

High-visibility location with traffic counts on aurora ave in excess of 33,500 vpd.

Easy access to transit with multiple bus routes within walking distance of the subject property.

Easy access to I-5 and kitsap county via edmonds-kingston ferry.

Current month-to-month lease with kfc allows flexibility of re-development timeframe.

Wendy's 2
2,350 SF
$3,460,000

Wendy’s

INVESTMENT HIGHLIGHTS BRAND NEW 20-YEAR ABSOLUTE NNN LEASE A new 20-year Absolute NNN lease will be signed at closing, offering...

2
14,000 SF
$3,455,000

Fuel Fitness

INVESTMENT HIGHLIGHTS 7.5-YEAR LONG TERM LEASE Fuel Fitness has 7.5 years remaining on an Absolute Net lease with 1, 5-year...

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32,800 SF
$7,995,000

DSHS

INVESTMENT HIGHLIGHTS WASHINGTON STATE GOVERNMENT GUARANTEE The Lease is Guaranteed by the State of Washington, which has a Fitch rating...