Contacts
Leibsohn & Company
Leibsohn & Company
Leibsohn & Company
Property Details
- Property Type Office - Medical Office
- Property Size 10,982 SF
- Lot Size 29,344 SF
- Cap Rate % 5.62
- Zoning MUR
- # of Floors 2
- Parking Spaces Avail. 41
- Parking Ratio 3.73 / 1,000 SF
- Property Tenancy Multi-Tenant
- Building Class B
- Year Built 1991
- Date Updated Apr 30, 2025
Rare opportunity to acquire the Farallon Professional Building, a premier Class A office property in the heart of Issaquah. The building offers 10,982 RSF of high-end, versatile space on a large 29,344 SF lot, ideal for a range of users including professional services, medical practices, and childcare operators. Located just 0.3 miles from I-90, this highly accessible property features modern finishes, updated systems (HVAC 2020, LED lighting & paint 2025), and ample surface parking (41 stalls).
Situated in a vibrant, amenity-rich area with walkable access to Gilman Village, Front Street, and Issaquah Commons, the Farallon Building combines functionality, visibility, and long-term value. With a proforma cap rate of 5.62%, this property is well-positioned for both investors and owner-users.
Reach out to the broker for more info on lease terms and amenities
Highlights
- Prime Issaquah Location – The Farallon Professional Building is located at 975 5th Avenue NW, offers excellent visibility and accessibility to the heart of Issaquah. Just minutes from I-90 and within walking distance to numerous shops, restaurants, and amenities, this vibrant location combines convenience with a professional setting—perfect for office or medical use.
- Walkable Retail Amenities: Gilman Village, Front Street Retail, & Issaquah Commons
- Several Nearby Parks: Sena Park, Salmon Run Park, & Confluence Park
- Prominent Location: I-90 on/off Ramps, Front Street, & SR-900
Attachments
Getting around
-
73/100
Walk Score ®
-
34/100
Transit Score ®
-
81/100
Bike Score ®
Location
- City Issaquah, WA
- Zip Code 98027
- Market Seattle
Points of Interest
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Chevron
0.42 miles
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Arco
0.43 miles
-
76
0.45 miles
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Tesla Supercharger
0.56 miles
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Cenex
0.58 miles
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Costco Gasoline
0.73 miles
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Shell
0.83 miles
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ChargePoint
0.89 miles
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Safeway Fuel Station
1.16 miles
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Blink
5.73 miles
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Costco Corporate Parking Garage
0.60 miles
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Issaquah Park & Ride
0.80 miles
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GreenHouse Parking
0.85 miles
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Issaquah Trails Center Parking
0.94 miles
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Swedish Physician & Employee Parking Lot
0.97 miles
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Olympic Parking Lot
1.03 miles
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East Sunset Way Trailhead
1.17 miles
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Cascade Parking Lot & ER Parking
1.18 miles
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Issaquah Highlands Park & Ride
1.22 miles
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Mountainside Drive Trailhead
1.36 miles
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SpringHill Suites
0.57 miles
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Fairfield Inn
0.94 miles
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Hilton Garden Inn Seattle/Issaquah
1.03 miles
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Motel 6
1.03 miles
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Homewood Suites
1.05 miles
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The Lodge at Trinity Tree Farm
4.47 miles
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Larkspur Landing Bellevue
4.65 miles
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Embassy Suites by Hilton Seattle Bellevue
5.03 miles
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Days Inn
5.15 miles
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Eastgate Hotel, BW Signature Collection
5.38 miles
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Safeway
0.18 miles
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Target
0.30 miles
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Trader Joe's
0.40 miles
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Ross
0.43 miles
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Champion Grocery
0.55 miles
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Fred Meyer
0.61 miles
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QFC
0.85 miles
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PCC Community Market
0.93 miles
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Marshalls
1.30 miles
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Town and Country Market Lakemont
3.53 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
