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Palouse Investment Opportunity - 8% Cap Rate 360 S Grand Ave 2,834 SF Retail Building Pullman, WA 99163 $472,126 CAD ($166.59 CAD/SF) 8% Cap Rate
Investment Highlights
- Stable single-tenant investment
- Lease through Sept 2027
- Owner-user potential at lease end
- $28,018 annual NOI
- Tenant interest in renewal
- Prime Pullman location near WSU
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
2,834 SF
Building Class
B
Year Built
2000
Price
$472,126 CAD
Price Per SF
$166.59 CAD
Cap Rate
8%
NOI
$37,770 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.36
Lot Size
0.18 AC
Parking
7 Spaces (2.07 Spaces per 1,000 SF Leased)
Frontage
63’ on South Grand Avenue
Walk Score®
Very Walkable (86)
Nearby Major Retailers
Property Taxes
| Parcel Number | 108150043210001 | Improvements Assessment | $334,355 CAD |
| Land Assessment | $108,581 CAD | Total Assessment | $442,937 CAD |
Property Taxes
Parcel Number
108150043210001
Land Assessment
$108,581 CAD
Improvements Assessment
$334,355 CAD
Total Assessment
$442,937 CAD
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Palouse Investment Opportunity - 8% Cap Rate | 360 S Grand Ave
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