Listed by Neil Walter Company
$2,100,000
Riverwood Plaza
Details
Property Type Industrial, Office
Sub Type Storefront
Square Footage 8,320
Net Rentable (SqFt) 8,320
Units 5
Cap Rate 5.21%
NOI $109,335
Year Renovated 1971/1990
Acreage 1.260
Zoning NB
Maple Valley Value-Add Opportunity
Marketing description
Great Value Add Opportunity. Maple Valley WA multi tenant retail, office and industrial shop (with 3 roll up doors) for sale. Building is 8,320 total sf on 1.26 acres with plenty of parking. Currently occupied with 4 tenants. Opportunity for an investor or an owner/user with up to 2,400 sf space available. Proforma 6.5% (+) cap rate.
Investment highlights
Maple Valley 8,320 sf multi tenant retail/office building on 1.26 acres with plenty of parking.
Value Add opportunity with up to 2,400 sf of tenant space available.
Proforma 6.5% (+) cap rate.
High Traffic on State Route 169 - SE Renton Maple Valley Road and Highway 18.
Listing Contacts
Listed by Neil Walter Company
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$109,335.00
$9,111.25/mo
Valuation Metrics
0
DSCR
5.21%
Cap Rate
5.21%
ROI
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