Listed by Capacity Commercial Group
$4,890,000
192nd Street Station North Retail Investment
Details
Property Type Retail
Sub Type Storefront, Retail
Square Footage 10,310
Units 5
Cap Rate 6.25%
NOI $305,634
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $474
Year Built 2012
Acreage 0.640
Parking Spaces 34 spaces
Parking per 1,000 SqFt 3.30
Investment Type Net Lease
NEW TO MARKET | 100% Leased NNN Retail Investment in Camas, WA
Marketing description
100% Leased NNN Retail Investment
192nd St Station North
Sale Price: $4,890,000
Cap Rate: 6.25%
NOI: $305,634
Building Size: 10,310 SF
Lot Size: 0.64 AC
Investment highlights
- Multi-tenant Retail NNN Investment Opportunity in Camas, WA
- Diversified income stream Los Potrillos, 911 Driving School, Mio Sushi, LeO Nails & Organic Spa, and Luo Lan Massage & Facial
- Average length of tenancy at the property is over 10 years
- Located along SE 192nd Avenue, one of Clark County's fastest-growing retail corridors, with direct access to SR-14
- 18,000 ADT along SE 192nd Avenue
- Part of the 192nd Station Master Plan
- Shadow anchored by Legacy Health and Holiday Inn Express.
Listing Contacts
Listed by Capacity Commercial Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$305,634.00
$25,469.50/mo
Valuation Metrics
0
DSCR
6.25%
Cap Rate
6.25%
ROI
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