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16 Old Beacon Rd 7,166 SF Office Building Montesano, WA 98563 $2,442,860 CAD ($340.90 CAD/SF) 5.60% Cap Rate
INVESTMENT HIGHLIGHTS
- long term corporate tenant NNN lease
- no expense spared when built, well thought floor plan
- high ceilings, nice entry inside & out
EXECUTIVE SUMMARY
Attention 1031 investors! Great investment opportunity with a solid long term corporate tenant. Rent Increases 5% May of 2030. Beautiful modern northwest style building built in 2015 as a veterinary clinic with attention to detail and convenient upgrades. Approximately 1.5 acre lot in high visibility location. Nice curb appeal with covered entry and ample paved parking. Fenced in yard with sprinkler system. Light up motion sensors around exterior. The interior offers a large open reception/waiting room area with high ceilings throughout. 4 exam rooms, 2 bathrooms, large staff break room with full kitchen. X-ray room, spacious treatment area with central vac, touchless prep sinks, surgery room with top notch lighting and equipment/tables. Office space, isolation and private care rooms, laundry/grooming, kennel and large run area with heated floors, hose hook up and floor drains. Large second floor mezzanine of 1600sqft provides tons of storage space and additional enclosed office/work space.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Building Size
7,166 SF
Building Class
B
Year Built
2015
Price
$2,442,860 CAD
Price Per SF
$340.90 CAD
Cap Rate
5.60%
NOI
$136,800 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
3,583 SF
Building FAR
0.04
Lot Size
4.55 AC
Zoning
Commercial
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PROPERTY TAXES
| Parcel Number | 617070433006 | Improvements Assessment | $2,296,906 CAD |
| Land Assessment | $519,390 CAD | Total Assessment | $2,816,295 CAD |
PROPERTY TAXES
Parcel Number
617070433006
Land Assessment
$519,390 CAD
Improvements Assessment
$2,296,906 CAD
Total Assessment
$2,816,295 CAD
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16 Old Beacon Rd
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