Farallon Professional Building

975 5TH AVENUE NW, Issaquah, WA 98027

  • For Sale $5,250,000
  • 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.

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Attachments

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

Contacts

broker
Marketing Leibsohn & Company

Leibsohn & Company

broker
Dan Krekel

Leibsohn & Company

broker
Maxton MacLachlan

Leibsohn & Company

Location

Getting Around

  • Walk Score ®

    73/100 Very Walkable

  • Transit Score ®

    34/100 Some Transit

  • Bike Score ®

    81/100 Very Bikeable
Powered by Walk Score ®
  • City Issaquah, WA
  • Zip Code 98027
  • Market Seattle

Points of Interest

  • Chevron

    0.42 miles

  • Arco

    0.43 miles

  • 76

    0.45 miles

  • Tesla Supercharger

    0.56 miles

  • Cenex

    0.58 miles

  • Costco Gasoline

    0.73 miles

  • Shell

    0.83 miles

  • ChargePoint

    0.89 miles

  • Safeway Fuel Station

    1.16 miles

  • Blink

    5.73 miles

  • Costco Corporate Parking Garage

    0.60 miles

  • Issaquah Park & Ride

    0.80 miles

  • GreenHouse Parking

    0.85 miles

  • Issaquah Trails Center Parking

    0.94 miles

  • Swedish Physician & Employee Parking Lot

    0.97 miles

  • Olympic Parking Lot

    1.03 miles

  • East Sunset Way Trailhead

    1.17 miles

  • Cascade Parking Lot & ER Parking

    1.18 miles

  • Issaquah Highlands Park & Ride

    1.22 miles

  • Mountainside Drive Trailhead

    1.36 miles

  • SpringHill Suites

    0.57 miles

  • Fairfield Inn

    0.94 miles

  • Hilton Garden Inn Seattle/Issaquah

    1.03 miles

  • Motel 6

    1.03 miles

  • Homewood Suites

    1.05 miles

  • The Lodge at Trinity Tree Farm

    4.47 miles

  • Larkspur Landing Bellevue

    4.65 miles

  • Embassy Suites by Hilton Seattle Bellevue

    5.03 miles

  • Days Inn

    5.15 miles

  • Eastgate Hotel, BW Signature Collection

    5.38 miles

  • Mayrua

    0.09 miles

  • Taco Bell

    0.11 miles

  • Tantalus Restaurant

    0.14 miles

  • Masa Mexican Kitchen & Cantina

    0.16 miles

  • Flat Iron Grill

    0.16 miles

  • Nicolino Ristorante Italiano

    0.16 miles

  • Tikka Masala

    0.17 miles

  • Tutta Bella Neapolitan Pizzeria

    0.22 miles

  • Ohana Eastside

    0.23 miles

  • Noodle Boat

    0.24 miles

  • Issaquah Valley Elementary School

    0.26 miles

  • C2 Learning Center

    0.29 miles

  • Kaleidoscope School of Music

    0.67 miles

  • Kaleidoscope Rock Academy

    0.67 miles

  • Saint Joseph School

    0.85 miles

  • Gibson Ek High School

    1.09 miles

  • Cougar Mountain Middle School

    1.13 miles

  • Clark Elementary School

    1.13 miles

  • Issaquah Middle School

    1.27 miles

  • Issaquah High School

    1.54 miles

  • Farmhouse School

    0.13 miles

  • Kid’s Country

    0.27 miles

  • Adventure Kids Playcare

    0.31 miles

  • Learning Nest Preschool

    0.42 miles

  • Lagarllito's Garden

    0.66 miles

  • The Goddard School

    0.75 miles

  • Fairy Land

    0.97 miles

  • Synergy Learning Academy

    1.08 miles

  • Evergreen Academy Montessori Preschool

    2.55 miles

  • KinderCare

    3.23 miles

Frequently Asked Questions

How much does Farallon Professional Building cost?

The space currently listed for sale at Farallon Professional Building asks for $5,250,000.

What is the total square footage of Farallon Professional Building?

Farallon Professional Building totals 10,982 square feet.

When was this property built?

Farallon Professional Building was built in 1991.

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