FEATURED PROPERTIES

Railroad Building

OFFICE DEPOT NNN

FOR SALE: $3,800,000

Spokane, Washington

Linc Properties presents a passive, single‑tenant NNN investment leased to Office Depot in Spokane, backed by a new 10‑year corporate lease extension executed in March 2026. The site has supported over 34 years of continuous operations, reflecting strong tenant commitment and long-term viability. A recent $1B acquisition by Atlas Holdings adds a well-capitalized sponsor, while the property’s prime I‑90 location, ample parking, flexible GC zoning, and future redevelopment potential provide durable income and meaningful upside.

Railroad Building

50TH STREET PLAZA

FOR SALE: $5,000,000

Seattle (Wallingford), Washington

Linc Properties offers 50th Street Plaza, a rare Seattle corner asset first time in 30 years. Operating since 1965, with current 7‑Eleven and Salon leases expiring June 2030, it provides stable income and clear value‑creation through renewal, re‑tenanting, or redevelopment. Zoned NC‑140 (M), it allows significant mixed‑use potential aligned with Seattle’s growth. Minutes from UW, in a dense infill submarket, it benefits from strong demand, land scarcity, and long‑term appreciation.

Railroad Building

CLASSIC COLLISION RENTON

FOR SALE: $3,300,000

Renton, Washington

The Renton, WA property offers a passive single‑tenant investment secured by a new 14‑year corporate lease with Classic Collision, one of the largest U.S. collision repair operators with over 330 locations and backed by TPG. The site has operated successfully for 32+ years, with prime access to I‑405 and visibility to 31,000 vehicles daily. The lease includes 2.5% annual increases and a passive expense structure, ensuring stable, inflation‑resistant returns. This opportunity provides durable income, rental growth, and long‑term security in a proven Seattle/Bellevue submarket.

Railroad Building

Land Title & Escrow building – Burlington

FOR SALE: $3,000,000

Burlington, Washington

Strategically located in the heart of Burlington’s retail corridor, this well-maintained Land Title & Escrow office building offers an exceptional investment opportunity with strong in-place tenancy. The property benefits from excellent visibility along South Burlington Blvd and is surrounded by major national retailers and high daily traffic counts. Burlington continues to be a regional hub for commerce in Skagit County, making this site attractive for long-term stability. Investors will appreciate the building’s professional layout, ample parking, and close proximity to I-5 access.

Railroad Building

Land Title & Escrow – Oak Harbor

FOR SALE: $1,400,000

Oak Harbor, Washington

This Oak Harbor Land Title & Escrow office presents a rare chance to acquire a quality office asset on Whidbey Island. Located on SE Pioneer Way, the property sits in a prime commercial area with strong local demand for professional services. The building is fully leased to Land Title & Escrow, a reputable regional operator. With strong tenancy, excellent site access, and close proximity to NAS Whidbey Island, this investment offers reliable income in one of Island County’s most desirable markets. The well-kept property features modern improvements and convenient on-site parking.

Railroad Building

Circle K – Umatilla

FOR SALE: $3,215,000

Umatilla, Oregon

This net-leased Circle K provides investors with secure income backed by a nationally recognized tenant on an absolute NNN lease. Located along Highway 730, the property benefits from high visibility and easy access for local and passing traffic. Umatilla is a key transportation corridor for eastern Oregon, enhancing the site’s strategic value. Circle K’s long operating history and high percentile chain ranking indicate stable in-store performance. This low-management investment is ideal for buyers seeking a dependable income stream secured by a top-tier tenant in a growing trade area.

Railroad Building

Banner Bank – Absolute NNN Investment

FOR SALE: $1,857,000

Vancouver, Washington

Situated in Vancouver’s thriving Salmon Creek corridor, this Banner Bank branch presents an outstanding opportunity to secure a core, passive income asset backed by an absolute net ground lease. Developed to Banner Bank’s institutional standards in 2015, the property offers prime corner visibility, excellent regional access via I-5 and I-205, and is surrounded by high-traffic national retailers including Fred Meyer, Trader Joe’s, Starbucks, and Sherwin Williams. The lease is guaranteed by Banner Corp (NASDAQ: BANR), a financially strong, publicly traded bank with a proven record of consistent performance. With no landlord responsibilities and long-term residual value, this low-risk investment combines predictable income, strong demographics, and location stability in a growing market.

Railroad Building

Snoqualmie Railroad Building

FOR SALE: $3,775,000

Snoqualmie, Washington

The Railroad Building located in the heart of the fast growing Historic Downtown Snoqualmie commercial district. This high quality, multi tenanted, mixed use, masonry constructed building gives the investor or owner/occupant the unique opportunity to acquire the keystone building in one of the Pacific Northwest’s most dynamic growth markets.

The Railroad Building features excellent retail store frontage and exposure on both of Snoqualmie’s main shopping and pedestrian friendly streets. The elevator serviced and well appointed second floor provides some of the best office and gallery space in the Snoqualmie Valley. With excellent light and open format, this nicely appointed space is perfectly situated for a quality mix of tenants to enjoy great city and mountain (Mt. Si!) views.

Columbia City, Seattle Washington Investment and Development Site

SEATTLE INVESTMENT + DEVELOPMENT SITE

FOR SALE: $3,880,000

Columbia City, Seattle, Washington

This is a a stabilized single tenant retail investment building plus the
adjacent 10,450 SF development site. This core in-fill property is located in the heart of the dynamic Columbia City Landmark District in South Seattle. The savvy investor or developer has the rare opportunity to purchase a desirable multifamily development site benefiting from current cash flow. The offering is structured “as-if” the current retail building remains as a long term leased investment asset following completion of the new
development.

Office Depot, Spokane, Washington Investment

ARG INDUSTRIAL BUILDING

FOR SALE: $4,950,000

Bellingham, Washington

This investment property offering features a new 5 year lease from the well-established regional industrial supply leader, ARG Industrial (Alaska Rubber Group). The building has a versatile light industrial design that also serves as a retail outlet and corporate office. The property is located in the desirable Bakerview industrial submarket of Bellingham, WA. strategically located to service a wide region between Seattle and Vancouver, Canada.

The ARG Industrial Building offers the savvy investor a key light industrial acquisition with excellent intrinsic value secured by solid tenants which will provide for great cash flow and long-term rental upside.

OVER $850,000,000 IN SOLD PROPERTIES.

* Partial list of properties sold by Brian Leibsohn.
Please contact us for further details and a complete list of sold properties.

* Partial list of properties sold by Brian Leibsohn.
Please contact us for further details and a complete list of sold properties.