Listed by Center Investments, Inc.
$3,750,000
Baker Flats Industrial Park
Details
APN 23 20 11 10028
Property Type Industrial
Sub Type Flex, Warehouse
Square Footage 26,737
Net Rentable (SqFt) 26,737
Cap Rate 7.31%
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Price per SqFt $140
Year Built 2005
Buildings 1
Stories 1
Acreage 2.540
Zoning General Industrial (I-G)
Custom light manufacturing facility, with short term income
Marketing description
Established Industrial zoned developments in the immediate area. The Wenatchee MSA includes Wenatchee, East Wenatchee, Malaga, Rock Island, Monitor, Cashmere, and Orondo. It is the epicenter for major commercial activity in all of both Chelan & Douglas Counties. The market economy developed through a history of being a primary railway hub, the backbone of the tree fruit industry and serving as the regional support market for the construction of and continued operations of the Columbia River Hydro Power Network.
This 26,737 SF steel structure building is optimized for light manufacturing with 21.5% built out as office and employee support facilities and the balance as open for fabrication, production, storage or warehousing use. It has heavy power, full climate control and lots of water with enlarged capacity septic service. The grounds are entirely configured for maximized patron or staff parking, with mature and well maintained landscape.
Investment highlights
- Centralized WA State Location offers Intra-state, Inter-state and Inter-national route network connecting all major NW markets, providing access to & distribution of products, supplies, raw materials, goods & services.
- Access - curb cut from Nelpar Drive
- Location - Baker Flats Industrial Park - North, East Wenatchee, Douglas Co.
- Vacate Date - 12/31/27
- Rent Rate - $10.22/SF/Yr.
- Market Rate - $14/Sf/Yr.
- 21.5% office
- Heavy power
- Well maintained facility & grounds
Listing Contacts
Listed by Center Investments, Inc.
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Title
Is there information that looks off?
