Listed by DMS Properties LLC
$1,750,000
Bowman Building
Details
Property Type Retail
Sub Type Convenience Store, Storefront
Square Footage 5,606
Net Rentable (SqFt) 5,606
Units 4
Cap Rate 5.77%
NOI $100,984
Occupancy 85%
Tenancy Multi
Lease Type Gross
Pro-Forma Cap Rate 7.53%
Pro-Forma NOI $131,800
Price per SqFt $312
Class C
Year Built 1968
Buildings 1
Stories 2
Lot Size (SqFt) 11,832
Zoning NB
Investment Type Value Add
Value Add Building - 5606 sf Building - Asking $1,750,000 - 2 lots 11,832 sf Land
Marketing description
Owner User or Investment - 5,606 sf building on 11,832 lot for sale $1,750,000 - 2 tax parcels - 4 tenant spaces - 3 spaces leased - I-502 Unincorporated King County License for sale separately for $395,000.
Investment highlights
Value Add Building
Listing Contacts
Listed by DMS Properties LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$100,984.00
$8,415.33/mo
Valuation Metrics
0
DSCR
5.77%
Cap Rate
5.77%
ROI
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