Listed by Windermere Real Estate / Skagit Valley
$1,700,000
USDA FACILITY - DAVENPORT
Details
APN 0310042001201
Property Type Office
Sub Type Executive Office
Square Footage 5,202
Net Rentable (SqFt) 5,202
Cap Rate 9.54%
NOI $162,105
Occupancy 100%
Tenancy Single
Lease Type Gross
Lease Term 7
Lease Expiration 01/31/2033
Remaining Term 6.6
Price per SqFt $327
Class A
Year Renovated 2024
Buildings 11
Stories 1
Acreage 57.000
Investment Type Stabilized
Office | 9.54% CAP | 5,202 SqFt
Marketing description
The USDA Davenport Service Center is comprised of an approximate 5,202 SF building on approx .57 acres. with a extensive remodel in 2024 extending the lease to 2033.
The Davenport Service Center is located on State Route 2 (locally known as Morgan Street). State Route 2 connects Davenport with the regions’ primary city, Spokane, which is 35 miles to the east.
Investment highlights
The USDA Davenport Service Center is comprised of an approximate 5,202 SF building on approx .57 acres. with a extensive remodel completed in 2024 extending the lease to 2033.
The Davenport Service Center is located on State Route 2 (locally known as Morgan Street). State Route 2 connects Davenport with the regions’ primary city, Spokane, which is 35 miles to the east.
Listing Contacts
Listed by Windermere Real Estate / Skagit Valley
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
$162,105.00
$13,508.75/mo
Valuation Metrics
0
DSCR
9.54%
Cap Rate
9.54%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
