Lakeside & Parking Plaza - 1413 & 1434 Market Street, Kirkland, WA 98033

MARKETING REMARKS
Prime Investment Development Opportunity - West Of Market Street 2 Parcels Assemblage Retail Lakeside & Parking Plaza, Kirkland. Zoned MSC2. Value Investment & In Mix Use Retail Office Multi-Family* Re-Development Opportunity Multi-Stories Retail Ground Floor Space & 2* Stories Apartments/Office Upper Floors With Underground Garage. Per City Of Kirkland , MSC-2 900 SQ FT Per Acre Dwelling Zoning. See Last 2 Pages Of OM. Current 5-Long Term Tenants Mix With Staggered Leases. Option For Redevelopment With Demolition Clauses*

Sale Include Lakeside Plaza Tax With 5500 SF Tax#3885802835 (20,838 SF Lot) & Parking Plaza Tax #3885802905 (3,260 SF Lot)

Off Market *Zip Market 1431 Market Street Tax #3885802875 With 2400 SF Sited On 13,280 SF Lot, Is NOT A Part Of The Offering. 3 Parcels Combined Yield 37,378 SF ( 0.86 Acres) Land. * Note Zip Market Is Off Market & Not Part Of Offering. New Ownership Will Review Substantial Offer Submitted Through Listing Office of Chrissoon Real Estate International, LLC DBA TEC Real Estate Inc. Do Not Attempt To Contact Zip Market, Any Inquiries Direct To Listing Broker, Strictly As Requested By New Ownership

For Investor, Fiscal Lease Is Below Market Rate, Potential For Major GSI Impovement.
PROFORMA
Projected Rent @ $38.00 PSF at $209,000.00 Gross Scheduled Income (GSI) .OE $30,168 . NOI = $178,832. Cap Rate 4.3

Two Separate Ownership.
Lakeside Plaza & Parking Lot Plaza $4,250,000
Zip Market - Off Market* But Will Review Submitted Written Offer. Can be SOLD Singly and or Jointly* No Restriction

Please Drive By & View With Discretion. STRICTLY Do Not Disturb Or Communicate With Tenants. Please Adhere To This Instruction Strictly.

SHOWINGS INFORMATION
STRICTLY VIEW WITH DISCRETION. DO NOT DISTURB OR ASK ANY QUESTIONS TO TENANTS. PLEASE STRICTLY ADHERE TO THIS REQUEST! Question Text Listing Broker. West Of Market 2 Parcels Assemblage. Retail Zoned MSC-2.Mix Use Retail Multi-Family Redevelopment. 2-Ownerships Lakeside & Parking Plaza 1413-$4,250,000.

Zip Market*Is Off Market & Not Part Of Offering. New Ownership Will Review Substantial Offer Submitted Through Listing Office

SOC Zip Market 1431-1.5% Flat.
Lakeside Plaza 1413-2.25% 1st $1M,Balance 1.25%. Email Listing Office To Receive OM and Full File Attachment & MSc2 Zoning Guide. Use Chicago Title & Escrow Order#0168329-16

DRIVING DIRECTION
Directions: i-405 Northbound, Exit 18 NE 85th Street, Right On 6th Street, 2nd Left 7th Ave, Right Market Street, Slight Left 14th Ave, Right 5th Street, Right Market St, Lakeside Plaza/ Zip Market 1413 & 1431 Market St On Your Left. PLEASE DO NOT DISTURB TENANTS

GLOBAL LISTING BROKER
www.chrissoon.com
Cooperation With Global Licensed Brokers Welcome

DISCLOSURE
All information are reliable but not warranted by sellers and listing broker. Buyers & buyer advisor are advised to verify all information independently without relying on any express, verbal and or implied information provided as marketing courtesy by sellers and listing broker. All rights reserved. RCW 18.86.020. E & O E Excepted