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SPORTSMAN'S WAREHOUSE | LOW PRICE / SQ.FT. 611 Valley Mall Pky

46,488 SF Retail Building East Wenatchee, WA 98802 $4,322,885 CAD ($93 CAD/SF) 7% Cap Rate

Storefront Properties Washington East Wenatchee 611 Valley Mall Pky, East Wenatchee, WA 98802

INVESTMENT HIGHLIGHTS

  • Corporate Lease Featuring 5% Rental Increases at Each Option. 12+ Year Historical Occupancy & Recent 10 Year Lease Extension.
  • Priced Below Replacement Cost and Low Price per Square Foot ($64/SF).
  • Located w/in Wenatchee Valley Mall - the Largest Mall in Wenatchee with Anchor Tenants including Marshalls, Ross Dress for Less, Macy’s & more.
  • Strong Performing Location: Top 30% in Chain per Placer.ai. Limited Competition: Next Nearest Sportsman’s Warehouse is 50+ Miles Away.
  • Wenatchee’s Population has Grown by 23% since 2000 and has an Average Household Income of more than $90k. Extremely Low Trade Area Vacancy.

EXECUTIVE SUMMARY

Sportsman’s Warehouse | Recent Lease Extension | Top 30% in Chain per Placer | Low Price per Square Foot | 12 Year Historical Occupancy | Located w/in Wenatchee Valley Mall - the Largest Mall in Wenatchee | Multiple Points of Ingress/Egress | High Density Retail Corridor | Affluent Area | Minutes from Medical Center | Near Pangborn Memorial Airport
Washington Broker of Record: Joel Deis | 401 Union St., 32nd Floor Seattle, WA 98101 | P: (206) 826-5700 | Lic #: 25469 | Firm License #: 397 | CBA Office No. 974500 Joel.Deis@MarcusMillichap.com

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
46,488 SF
Building Class
B
Year Built/Renovated
2000/2017
Price
$4,322,885 CAD
Price Per SF
$93 CAD
Cap Rate
7%
NOI
$302,602 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.47
Lot Size
2.29 AC
Zoning
CBD - Central Business District
Parking
1.29 Spaces per 1,000 SF Leased

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Sportsman's Warehouse
  • Retailer
  • 46,488 SF
  • -
  • Double Net
  • Mar 2033
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Sportsman's Warehouse Retailer 46,488 SF - Double Net Mar 2033

LINKS

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Walk Score®
Very Walkable (72)
Bike Score®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
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measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

NEARBY MAJOR RETAILERS

Chase
Starbucks
Olive Garden
The Dog Haus
Grocery Outlet
Fred Meyer
Dutch Bros
Washington Trust Bank
Checkers
Safeway

PROPERTY TAXES

Parcel Number 03-70-00-02925 Improvements Assessment $56,748 CAD
Land Assessment $1,528,365 CAD Total Assessment $1,585,113 CAD

PROPERTY TAXES

Parcel Number
03-70-00-02925
Land Assessment
$1,528,365 CAD
Improvements Assessment
$56,748 CAD
Total Assessment
$1,585,113 CAD
(858) 373-3184

CONTACTS

  • Listing ID: 34800689

  • Date on Market: 2023-06-01

  • Last Updated:

  • Address: 611 Valley Mall Pky, East Wenatchee, WA 98802

The Retail Property at 611 Valley Mall Pky, East Wenatchee, WA 98802 is currently available for sale. Contact The Mansour Group of Marcus & Millichap for more information.

NEARBY LISTINGS

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SPORTSMAN'S WAREHOUSE | LOW PRICE / SQ.FT. | 611 Valley Mall Pky
(858) 373-3184 x

SPORTSMAN'S WAREHOUSE | LOW PRICE / SQ.FT. | 611 Valley Mall Pky

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Alvin Mansour

(858) 373-3184

(858) 373-3184

Christopher Talia

(858) 373-3235

(858) 373-3235

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