104 NE 11th St
Two Tenant industrial/retail building in Central Business District of East Wenatchee
Marketing description
This 7,818 SF. building was originally constructed in 1987, stick framed with metal siding and roof. Suite 1 was recently renovated (2025) as a cannabis retail store, Suite 2 is approximately 50% office and 50% open warehouse/shop space. The property is 100% leased to two tenants, situated on 4 legal parcels that are mostly flat, with a combined size of nearly an acre, with paved parking for 36+ vehicles and frontage on Valley Mall Parkway, 11th St. NE and Alvin Court.
Fully leased industrial/retail investment property in a dynamic North Central Washington market, the Wenatchee Valley. This 7,800 SF. (2)tenant building boasts an attractive projected return. With extensive recent interior improvements to tenant suites and under market rents, turnover is of very minimal concern. Strong year over year rent increases and mandated expense recovery, offer a shield against inflation & rent rate competition. The asset is well positioned for its uses within the central business district in the low cost municipality of East Wenatchee, in Douglas County.
Investment highlights
- 7,818 total Bldg. SF.
- Fully leased
- Investment property
- Parcels (4) -07600300001, 03700001010; ...01018 & ...01047
- Land - .81 Acres (35,283.60 Square Feet)
- Bldg. - 7,818 SF.
- Access - curb cut from 11th Street NE & Alvin Court
- Location - City of East Wenatchee, Douglas Co.
- Zoning - Central Business District (CBD)
- Industrial Space: 5,080 SF
- Office Space:2,450 SF
- Bay Depth: 60 ft
- Rentable Space: 7,530 SF
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