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Listed by Kidder Mathews Kevin G. Verger
$ 1,650,000
Est. payment | /mo
0.47 Acres Lot
$ 1,650,000
Est. payment | /mo
0.47 Acres Lot
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Fishers Landing
MLS Listing ID 2460370
Style 75 - Retail
Year Built 1998
Lot Size 0.470 Acres
Property Sub-Type Commercial Industrial
Property Description
This asset offers investors a stable, long-term investment with 7+ Years of Firm-Term, 10% Rent Increases every 5 Years, and 2, 5-Year Renewal Options, providing predictable income growth over time. Constructed in 1998, the property features a 2,688 SQFT building on a 20,473 SQFT lot, strategically positioned adjacent to McDonald's within a major retail corridor, surrounded by top national and regional retailers including Fred Meyer, T.J. Maxx, Shake Shack, U.S. Bank, and New Seasons Market. The site benefits from excellent visibility and access, with traf fic counts exceeding 28,000 vehicles per day along SE 164th Avenue, ensuring consistent consumer exposure and long-term tenant performance.
Location
State WA
County Clark
Area 1033 - Camas-Washougal
Interior
Fireplace false
Building
Sewer Available
Water See Remarks
Others
Senior Community No
Acceptable Financing See Remarks
Listing Terms See Remarks
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RSVP Real Estate Group
Real Estate Firm | License ID: 17634
Real Estate Firm License ID: 17634