109-14524 Main St Ne Duvall, WA 98019
Mid-Town commercial condo with long-term tenant and high visibility.
- Added:
- Apr 1, 2026
- Days on Market:
- 103
- Last Refresh:
- Jun 29 at 12:24 am
Property Features for 109-14524 Main St Ne
General Information
- Standard status
- Active
- Size
- 5,700 SF
Listing office Kelly Right RE of Seattle LLC (206) 525-5235
Listing date Apr 1, 2026
Source Exprealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Kelly Right RE of Seattle LLC
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location on Main Street in Historic Duvall with high visibility and traffic.
- Currently leased through 2028 with a long‑term, stable tenant, providing immediate income.
- Over 5,700 sq. ft. of flexible office/retail space with two separate entrances.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $205.2k | $36.00 |
| − Vacancy | −$44.9k | −$7.88 |
| EGI | $160.3k | $28.12 |
| − OpEx | −$40.1k | −$7.03 |
| NOI | $120.2k | $21.09 |
