FOR SALE: $695,000 BRIER NEIGHBORHOOD OFFICE BUILDING 23711 BRIER ROAD, BRIER, WA 98036 - ORION Commercial Partners
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
FOR SALE: $695,000 BRIER NEIGHBORHOOD OFFICE BUILDING 23711 BRIER ROAD, BRIER, WA 98036 REPRESENTED BY// MATTHEW HINRICHS DAN FOSTER 1218 Third Avenue www.orioncp.com P // 206.445.7663 P // 206.445.7662 Suite 2200 P// 206.734.4100 mhinrichs@orioncp.com dfoster@orioncp.com Seattle, WA 98101 Established in 2010
TABLE OF
CONTENTS
// INVESTMENT SUMMARY
PAGE//.................................................................... 3
// PROPERTY OVERVIEW
PAGE//....................................................................4
// MARKET OVERVIEW
PAGE//....................................................................8
2 // BRIER NEIGHBORHOOD OFFICE BUILDING
THE OFFERING
ORION Commercial Partners is excited to offer for sale the Brier Neighborhood Office Building
located at 23711 Brier Road in the suburban city of Brier, north of Seattle, WA.
The Seller occupied building has great existing build-out with a mix of private offices, open
area, meeting space, break room, restrooms, and reception area. The property has generous
parking with a flat level entry that is easy for employees and visitors. The property is perfect
for neighborhood services, light medical, dental, office, retail, insurance, legal, finance, and other
INVESTMENT
professional services. There are 16 surface parking stalls currently and excess site area that can
accommodate an additional building with associated parking on the site. This office building is a
fantastic opportunity to capitalize on low-interest rates, control your own occupancy environment,
SUMMARY
and locate in a central location.
The building has excellent signage visible to Brier Road, which serves as a thoroughfare connecting
Kenmore with Lynnwood and Mountlake Terrace. Owners, employees, and visitors will benefit
from the central location with easy access to all of South Snohomish and King County by either
I-405 or I-5.
Address
23711 BRIER ROAD,
BRIER, WA 98036
Offering Price $695,000
Building Size 1,848 SF
Total Land Area 22,216 SF
Parcel # 005701-000-117-00
Use OWNER/USER
Zoning BN
Year Built 1996
3 // BRIER NEIGHBORHOOD OFFICE BUILDING
PROPERTY PROFILE
EXTERIOR PHOTOS
4 // BRIER NEIGHBORHOOD OFFICE BUILDING
PROPERTY PROFILE
FLOOR PLAN
MEN'S
WOMEN'S
BREAKROOM OFFICE
OFFICE
CONFERENCE
ROOM
MECH.
ROOM
OFFICE OFFICE OFFICE RECEPTION OFFICE
5 // BRIER NEIGHBORHOOD OFFICE BUILDING
PROPERTY PROFILE
AERIAL PHOTOS
SUBJECT PROPERTY
SUBJECT PROPERTY
EXCESS BUILDING AREA
AD
RO
R
IE
BR
LAKE WASHINGTON
BRIER GROCERY
SUBJECT PROPERTY
BRI
COFFEE STAND
SUBJECT PROPERTY
ER
D
BRIER ROA
ROA
D
BRIER PIZZA KITCHEN
6 // BRIER NEIGHBORHOOD OFFICE BUILDING
PROPERTY PROFILE
PARCEL MAP
EXCESS BUILDING AREA
SUBJECT PROPERTY
AD
RO
R
IE
BR
7 // BRIER NEIGHBORHOOD OFFICE BUILDING
ABOUT BRIER
Brier is a suburban, residential town located 15
miles north of Downtown Seattle, in Snohomish
County. Voted "One of the Best Places to Live
in Washington", Snohomish County is “Seattle
NorthCountry True PNW”. Brier, with a population
of 7,000, is bordered by Mountlake Terrace to the
MARKET
west, Lynnwood to the north, Bothell to the east,
and Lake Forest Park and Kenmore to the south.
The City of Brier’s goal is to keep the small-town
feel with single-family homes and preserving the
natural open space and landscape of the city.
OVERVIEW
Many young professionals live in Brier.
SeaScare
Brier has six community parks, a public library, many restaurants, and a variety of coffee shops.
The community holds an annual one-day nautical themed event in August called SeaScare, a
play on the name of Seattle's Seafair. The community feel event includes a Porch Light Parade,
contests, music, and a screening of a classic movie, among other activities. It is supported by the
small number of Brier businesses.
ABOUT SNOHOMISH COUNTY
Snohomish (sno-HOH'-mish) County is located in northwest Washington State, nestled between
the sparkling blue waters of Puget Sound and the rugged, snow-capped peaks of the Cascade
Mountains. Snohomish County begins 12 miles north of Seattle, a little under 100 miles south of
Vancouver, British Columbia, and a short ferry ride away from the San Juan Islands or Olympic
Peninsula. Snohomish County is ideally situated for exploring the entire Pacific Northwest. Foggy
evergreens, driftwood coastlines, cozy coffee shops, and craft breweries, and so much more.
There are a variety of diverse business sectors in the county. With the fifth largest port on the
West Coast in export value, the highest percentage of jobs tied to international trade comprising
60% of the workforce, and a manufacturing hub with the largest concentration of jobs in the
western United States. Snohomish County’s aerospace industry fuels jobs for hundreds of
thousands of families each year. Second only to aerospace, agriculture is Snohomish County’s
largest dollar volume industry. Ranking 2nd in technology-based jobs in the state, the Technology
sector is working with a variety of industries to provide technologies and related production
processes that will improve environmental and business performance. One of our county’s largest
direct public employers and an industry that cuts across many sectors, the Military and Defense
Sector helps create the backbone for a strong economy by working with our military installations,
companies, and our military friendly communities. Tourism is the third largest market in Snohomish
County. The county-wide impact is estimated at $11 million in one year through grants and added
over 1,000 new leisure and hospitality jobs in one year. Commerce, urban and outdoor cultures
intersect in Snohomish County in surprising and delightful ways.
8 // BRIER NEIGHBORHOOD OFFICE BUILDING
MARKET OVERVIEW
AREA AERIAL
ALDERWOOD MALL
PUGET
SOUND NORTH CREEK
LYNNWOOD
ALDERWOOD
MANOR
SOUND TRANSIT
EXPANSION
EDMONDS LYNNWOOD CITY
CENTER STATION
ESPERANCE
SUBJECT PROPERTY
MOUNT LAKE
TERRACE
BRIER
BOTHELL
KENMORE
SHORELINE
LAKE FOREST LAKE WASHINGTON
PARK
9 // BRIER NEIGHBORHOOD OFFICE BUILDING
MARKET OVERVIEW
DEMOGRAPHICS: 1, 3 & 5 MILE RADIUS
RADIUS 1 MILE 3 MILE 5 MILE
POPULATION:
2025 Projection 13,363 141,437 398,792
5 MILES
2020 Estimate 12,511 130,448 369,900
2010 Census 11,387 105,308 310,098
3 MILES
Growth 2020-2025 6.81% 8.42% 7.81%
Growth 2010-2020 9.87% 23.87% 19.28%
HOUSEHOLDS:
1 MILE
2025 Projection 5,117 55,233 158,151
2020 Estimate 4,793 51,025 146,952
2010 Census 4,374 41,633 124,526
Growth 2020 - 2025 6.76% 8.25% 7.62%
Growth 2010 - 2020 9.58% 22.56% 18.01%
Owner Occupied 3,800 34,550 93,938
Renter Occupied 994 16,475 53,015
2020 AVG HOUSEHOLD INCOME $139,424 $112,286 $113,382
2020 MED HOUSEHOLD INCOME $111,929 $90,832 $91,017
2020 HOUSEHOLDS BY HOUSEHOLD INC:You can also read
