Pier 1 Imports Building

For Sale
100% Leased Retail
Free-standing Building
Pier 1 Imports Building
1435 11th Avenue NW, Issaquah, WA
The Pier 1 Imports Building is an opportunity to acquire a rare free-standing retail building in Pickering
Place, Issaquah. This 9,808 square foot space is configured for single-tenant use and has been 100%
leased and occupied by Pier 1 Imports since 1997.
Please complete and return the Confidentiality Agreement for full access to the property information.
Billy Poll, CCIM
Dean Altaras, CCIM
+1 425 586 5604
[email protected] +1 425 586 5613
[email protected]
Washington, United States, North Amer
Investment Opportunity
Pier 1 Imports
Building
Pier 1 Imports
Building
Property Highlights
• 4.8/1,000 RSF parking ratio (47 stalls)
• Tremendous visibility and access
• Suitable for investor or future owner/user
• Major eastside power center location
• Significant improvements to access and visibility to
Pickering Place coming soon
• Major anchors include Costco, Lowe’s, Cinebarre,
PetSmart and PCC Market
• Other name tenants include: Barnes & Noble, Michaels, Office Depot, Red Robin, Big Lots and
Leather Furniture Outlet
0
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ADDRESS
BUILDING SIZE
SITE SIZE
OCCUPANCY
PRICE
CAP RATE
1435 11th Avenue NW, Issaquah, WA
9,808 square feet
49,817 square feet (1.14 acres)
100% leased by Pier 1 Imports since 1997
$3,200,000 ($326.26/ RSF)
7.97% with 100% occupancy and $255,008 NOI
Bellevue
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Seattle
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Tacoma
nai-psp.com
The information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied, as to its accuracy. Prospective Buyer or Tenant should
conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. CONSULT YOUR ATTORNEY, ACCOUNTANT OR OTHER
PROFESSIONAL ADVISOR. 2015/OM/Pier 1 Imports Teaser 0306