5724 E Lake Sammamish Pkwy SE, Issaquah, WA 98029

NNN Retail · Issaquah · Seattle-Bellevue metro, WA

One of 122 reachable nnn retail buildings in Issaquah. Larger than 96% of nnn retail buildings in Issaquah (median 6,570 SF), derived from assessor records.

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Building size: 141,245 SF, King County Assessor
Lot size: 582,386 SF, King County Assessor
Year built: 2009, King County Assessor
Stories: 2, King County Assessor
Buildings on parcel: 7, King County Assessor
Predominant use: Building D (24/Hr. Fitness/Line Retail), King County Assessor
Assessed value: $40,578,900, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $287.29/SF, derived from assessor records
Lot coverage: 24%, derived from assessor records
Vintage: 2000s vintage
Zoning: MU-CI, King County
County use code: Retail(Line/Strip)
Construction (observed): masonry, AI estimate from public imagery
Parking (observed): surface lot, AI estimate from public imagery
Frontage (observed): interior, AI estimate from public imagery

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

5610 E Lake Sammamish Pkwy SE, Issaquah · 0.1 mi · 11,675 SF · built 1986 · assessed $456/SF
6000 E Lake Sammamish Pkwy SE, Issaquah · 0.1 mi · 45,355 SF · built 2001 · assessed $192.12/SF
5530 E Lake Sammamish Pkwy SE, Issaquah · 0.1 mi · 49,643 SF · built 1996 · assessed $192.12/SF
6100 E Lake Sammamish Pkwy SE, Issaquah · 0.2 mi · 171,072 SF · built 2001
6130 E Lake Sammamish Pkwy SE, Issaquah · 0.2 mi · 10,000 SF · built 2001 · assessed $535.30/SF
5526 E Lake Sammamish Pkwy SE, Issaquah · 0.2 mi · 2,509 SF · built 1996 · assessed $764.93/SF

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Sale history and market context

MakeMe Estimate: $46,080,658 (estimated market value), with a likely range of $33,772,180 to $53,892,188 (half of recent verified sales in this segment landed inside that range). Based on 28 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Last sold: 2007-03-27 for $10,505,000 (recorded arm's-length sale).

Current ownership dates to 2007 (about 19 years) per recorded transfers.

2007-03-27: $10,505,000 from Puget Western INC to Ob Frank Properties LLC, rec. 20070329002283

2005-01-28: transfer from Puget Sound Energy INC to Puget Western INC (part of a 2-parcel sale; price is the whole deal), rec. 20050207002080

1990-08-30: $6,098,000 from Private party to Washington Natural Gas Company (part of a 2-parcel sale; price is the whole deal), rec. 199008311717

Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

Solid line: county appraised value per King County tax rolls. Shaded range: our modeled estimate for each year, built from recorded arm's-length sales in the building's segment; years without enough sales stay unmodeled. Dots: recorded arm's-length sales. Not an appraisal. How this estimate works.

Land, site, and value history

Assessed value moved from $23,716,300 (2011) to $40,578,900 (2026), up 71% over 15 years, per county tax rolls. The 2026 roll splits $40,578,900 into $14,559,600 land and $26,019,300 improvements.

Zoning: MU-CI (per King County)

Lot: 582,386 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Fitness Center 46,272 SF; Line Retail 40,139 SF; Retail Store 31,044 SF; Basement, Parking 23,790 SF (county building sections)

County districts report (schools, fire, sewer, council; on kingcounty.gov)

Permit history

2022-04-07: Remodel, declared value $78,000 (Complete), permit BLD21-00261

2017-07-25: Remodel, declared value $90,559 (Complete), permit BLD17-00175

2014-06-10: Remodel, declared value $450,000 (Complete), permit BLD14-00111

2014-04-10: Remodel (Complete), permit BLD14-00092

2013-07-08: Remodel, declared value $1,200,000 (Complete), permit BLD13-00139

2011-12-02: Remodel, declared value $100,000 (Complete), permit BLD11-00302

2011-08-15: Remodel, declared value $40,000 (Complete), permit BLD11-00247

2011-06-10: Remodel, declared value $15,000 (Complete), permit BLD11-00172

2010-07-15: Remodel, declared value $125,000 (Complete), permit BLD10-00235

2010-07-15: Remodel, declared value $50,000 (Complete), permit BLD10-00190

Source: King County permit records (newest first).