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Executive Summary

Net Leased investment opportunity.
Excellent frontage on Highway 2.
Tenant Whiskey Glass Restaurant and Bar pays 85% of property taxes and insurance. Lease goes through October 2027. The space has new HVAC installed and a new walk-in cooler.
Tenant Sienna Studio Salon is month to month.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,400 SF
Building Class
B
Year Built
1982
Price
$1,056,278 CAD
Price Per SF
$165.04 CAD
Cap Rate
7.59%
NOI
$80,141 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.06
Lot Size
2.37 AC
Zoning
RT
Parking
45 Spaces (6.82 Spaces per 1,000 SF Leased)
Frontage
316’ on E Westwood Ave

Amenities

  • Pylon Sign
  • Signage

Property Taxes

Property Taxes

Parcel Number
38221.9029
Land Assessment
$140,097 CAD
Improvements Assessment
$476,036 CAD
Total Assessment
$616,132 CAD
  • Listing ID: 39747485

  • Date on Market: 2023-08-29

  • Last Updated:

  • Address: 4211 E Westwood Ave, Chattaroy, WA 99003

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