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Fully Leased 3 Building Portfolio 3 Properties Offered at $4,275,000 CAD in Omak, WA
Investment Highlights
- Size 1.86 Acres
- High traffic counts
Executive Summary
This is a rare opportunity to purchase a three property portfolio located in Omak, WA. Currently 100% leased with a healthy variety of office, medical, and professional tenants, there is future upside potential with scheduled annual increases, staggered lease expiration dates and possibilities to convert future leases from gross leases to NNN. Roof replacements and/or repairs have been completed and buildings have been nicely maintained through professional management. These three properties are located on the main highway in Omak, with high traffic counts and multiple ingress/egress points and plenty of parking.
Property Facts
| Price | $4,275,000 CAD | Number of Properties | 3 |
| Price / SF | $249.42 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 8.68% | Total Building Size | 17,140 SF |
| Sale Type | Investment | Total Land Area | 1.86 AC |
| Status | Active |
| Price | $4,275,000 CAD |
| Price / SF | $249.42 CAD / SF |
| Cap Rate | 8.68% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 17,140 SF |
| Total Land Area | 1.86 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 715 Okoma Dr, Omak, WA 98841 | Office | 4,102 SF | 2000 | - |
| 717 Okoma Dr, Omak, WA 98841 | Office | 3,614 SF | 1998 | - |
| 646 Okoma Dr, Omak, WA 98841 | Retail | 9,424 SF | 2009 | - |
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Fully Leased 3 Building Portfolio
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