500 Naches Ave. SW, Renton, WA A 100% Boeing Leased Single ...
500 Naches Ave. SW, Renton, WA A 100% Boeing Leased Single ...
500 Naches Ave. SW, Renton, WA A 100% Boeing Leased Single ...
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INVESTMENT CONTACTS:STEVE SUTHERLANDFirst Vice PresidentT 425.462.6927sr.sutherland@cbre.comCRAIG WILSONSenior Vice PresidentT 425.462.6922craig.wilson@cbre.comSCOTT SCHUMACHERFirst Senior Vice PresidentLic. 1078450T 310.363.4903scott.schumacher@cbre.comKEVIN SHANNONVice ChairmanLic. 00836549T 310.363.4910kevin.shannon@cbre.comMARKET CONTACTS:GEOFF PENDERGASTFirst Vice PresidentT 425.462.6950geoff.pendergast@cbre.comED HOGANFirst Vice PresidentT 206.442.2715ed.hogan@cbre.comCapital Markets Debt and EquityJAMES BACHT 206.830.6475james.bach@cbre.comPROPERTY INFORMATION – <strong>500</strong> <strong>Naches</strong> <strong>Ave</strong>nue <strong>Renton</strong>, <strong>WA</strong>Year BuiltDescriptionBuilding SizeNumber ofBuildings1990Three story steel-framed office building featuring a two-story atrium, tintedglass bands.70,101 SFOneSite AreaOccupancyParking217,800 SF (5.0 acres)<strong>100%</strong>331 Stalls4.7/1,000 SFFINANCIAL INFORMATIONOffering Price$11,890,000 ($170/psf)Year One NOI $950,970Year One Cap Rate 8.0%Three Year <strong>Ave</strong>rage 13.02%Cash-on-CashBroker Lic. 004099872221 W. Rosecrans <strong>Ave</strong>nueSuite 100El Segundo, CA 90245T 310.363.4900F 310.363.4912© 2012 CBRE, Inc. This information has been obtained fromsources believed reliable. We have not verified it and make noguarantee, warranty or representation about it. Any projections,opinions, assumptions or estimates used are for example only anddo not represent the current or future performance of the property.You and your advisors should conduct a careful, independentinvestigation of the property to determine to your satisfaction thesuitability of the property for your needs.
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