33723-33731 SE Redmond Fall City Rd
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33723-33731 SE Redmond Fall City Rd
5,872 SF Retail Building Fall City, WA 98024 $2,701,800 CAD ($460 CAD/SF) 6.32% Cap Rate
Executive Summary
7,405 SF (0.17 acres)
5,872 SF building area
1,100 SF Riverside Tavern with 7 years remaining on NNN lease (9/30/2031)
Recently signed 4,203 SF Fall City Bar & Grill lease with 5 years remaining on NNN lease
569 SF 2nd story two-bedroom apartment
Downtown Fall City location along Highway 202 and across from the Snoqualmie River
Highly rated and established restaurant in-place
Affluent and fast-growing East King County submarket
6.32% cap rate
Price: $1,900,000
5,872 SF building area
1,100 SF Riverside Tavern with 7 years remaining on NNN lease (9/30/2031)
Recently signed 4,203 SF Fall City Bar & Grill lease with 5 years remaining on NNN lease
569 SF 2nd story two-bedroom apartment
Downtown Fall City location along Highway 202 and across from the Snoqualmie River
Highly rated and established restaurant in-place
Affluent and fast-growing East King County submarket
6.32% cap rate
Price: $1,900,000
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,872 SF
Building Class
C
Year Built
1925
Price
$2,701,800 CAD
Price Per SF
$460 CAD
Cap Rate
6.32%
NOI
$170,754 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.79
Lot Size
0.17 AC
Zoning
BC, Fall City
Parking
10 Spaces (1.7 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Restaurant
- Storage Space
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,531,465 CAD | |
| Land Assessment | $188,138 CAD | Total Assessment | $1,719,603 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$188,138 CAD
Improvements Assessment
$1,531,465 CAD
Total Assessment
$1,719,603 CAD
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33723-33731 SE Redmond Fall City Rd
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