SOLD! 8.5% Actual Cap Rate - Maple Valley Investment Opportunity - Fully Leased

Frontier Square (The Property) is a fully leased 6,400 SF building situated on 0.95 acres located at 22221- 22224 SE 272nd Place in Maple Valley, WA.

Frontier Square is outstanding investment/development opportunity located in Maple Valley. This mixed use retail is ideally located on 272nd St. minutes from Tahoma High School, the new Ten Trails 6,050 home development in Black Diamond (https://www.youtube.com/watch?v=4QWcR4cD0-Q) among many other residential developments. The property fully leased with NNN leases. Tenants  consist of a mix of office and retail uses – including day spa, counselors, salon, yoga, chiropractor and daycare. This is an incredible opportunity to own a very well located, investment property in one of the fastest growing & most desirable areas in the state.

Maple Valley is located 30 minutes from Seattle and Tacoma. The City is one of the fastest growing market areas in Washington State. As of 2016, the population was 24,790, with an estimated trade area population of 65,000-94,000. The build-out population is projected to be 29,500 in 2020.

Phase I and Pre-inspection Completed.

FRONTIER SQUARE: 22210 - 22224 SE 272nd Pl, Maple Valley, WA 98038

$1,330,000.00

NOI $113,622

CAP RATE: 8.5%

Contact: Steve Kikikis | Steve@omni-pg.com | 425-905-6920