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Pasco Leased Retail Property 2799 W Lewis St 29,478 SF Retail Building Pasco, WA 99301 $3,084,983 CAD ($104.65 CAD/SF) 6.52% Cap Rate

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EXECUTIVE SUMMARY

This long time bowling alley has been repurposed as a retail liquidator that specializes reselling Amazon returns and over stock items. The tenant has strong history and a proven business model.
This C-3 zoning is the city of Pasco's most wide ranging commercial zone and allows for a multitude of uses.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
29,478 SF
Year Built
1958
Price
$3,084,983 CAD
Price Per SF
$104.65 CAD
Cap Rate
6.52%
NOI
$201,012 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.33
Lot Size
2.06 AC
Zoning
C-3 - The C-3 general business district is established to provide sites for more diversified business types, including nonretail commercial and business use
Parking
50 Spaces (1.7 Spaces per 1,000 SF Leased)
Frontage
200’ on Lewis Street

AMENITIES

  • Air Conditioning

NEARBY MAJOR RETAILERS

Albertsons
Safeway
Columbia Bank
Starbucks
Dutch Bros
Bank of Montreal
Banner Bank
Colortyme

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
119-462-084
Land Assessment
$852,384 CAD
Improvements Assessment
$514,909 CAD
Total Assessment
$1,367,293 CAD
  • Listing ID: 31730094

  • Date on Market: 2024-05-07

  • Last Updated:

  • Address: 2799 W Lewis St, Pasco, WA 99301

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