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192nd Street Station North Retail Investment 1735 SE 192nd Ave 10,310 SF 100% Leased Retail Building Camas, WA 98607 $6,880,455 CAD ($667.36 CAD/SF) 6.25% Cap Rate
Investment Highlights
- Multi-tenant Retail NNN Investment Opportunity in Camas, WA
- Located along SE 192nd Avenue, one of Clark County’s fastest-growing retail corridors, with direct access to SR-14
- Part of the 192nd Station Master Plan
- Average length of tenancy at the property is over 10 years
- 18,000 ADT along SE 192nd Avenue
- Shadow anchored by Legacy Health and Holiday Inn Express
Executive Summary
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
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
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
10,310 SF
Building Class
C
Year Built
2012
Price
$6,880,455 CAD
Price Per SF
$667.36 CAD
Cap Rate
6.25%
NOI
$430,028 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.37
Lot Size
0.64 AC
Zoning
CC - Community Commercial (CC) Zone
Parking
42 Spaces (4.07 Spaces per 1,000 SF Leased)
Frontage
193’ on SE 192nd Ave
Amenities
- 24 Hour Access
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 986029-206 | Improvements Assessment | $3,537,479 CAD |
| Land Assessment | $980,538 CAD | Total Assessment | $4,518,018 CAD |
Property Taxes
Parcel Number
986029-206
Land Assessment
$980,538 CAD
Improvements Assessment
$3,537,479 CAD
Total Assessment
$4,518,018 CAD
Contacts
-
Nicholas Diamond -
Riley Henderson -
Michael Horter -
Capacity Commercial Group LLC
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192nd Street Station North Retail Investment | 1735 SE 192nd Ave
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