TELCOM BUILDING
12221 218th Place SE
Snohomish WA 98296

We are now seeking offers on the Telcom property. This is a bankruptcy liquidation sale. The asking price is $310,000.

The one story steel building with metal roof and siding, is 3,480 square feet. Sliding doors provide truck access. The building was built in 1979 according to public records.

The property is currently leased to Broadstripe, a national cable TV provider. The building is used for cable TV operations and parts storage. An array of satellite antennas installed at the site capture signals, which are then broadcast over the cable TV network.

The tenant has occupied the building since 1996. Current NNN income is $1,210 per month. The current lease term expires in 2011.

The site is 68,389 square feet (1.57 ac), is partially fenced and has significant yard parking. Zoning is RB (Rural Business ).

The property is located 3 miles to the east of Maltby and 7 miles northeast of Woodinville. Access to the property is via Echo Lake Road, which connects to SR 522, the main highway from Bothell/Woodinville to Monroe and Stevens Pass.

More information: PHOTOS/MAP FLYER TITLE
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Contact:
Dave Rinning
Tel 425.709.6993
Fax 425.671.7210
rinning@WellesRinning.com