2800 W Clearwater Ave 14 820 pi² Commerce de détail Immeuble Kennewick, WA 99336 5 743 600 $ CAD (387,56 $ CAD/pi²) 10,01% Taux de capitalisation

NEW 10% CAP RATE! High visibility corner Walgreens on busy Hwy 395 and Clearwater. Walgreens has ~ 5 years of term remaining before the next renewal. The tenant controls the space until 2031, but has its first termination option in 2031 and every 5 years afterwards. Rent is $414,999 with an additional percentage rent clause. The asking price is $4.15M or ~$280 per square foot. The asking cap rate is 10%. There is a drive thru for the pharmacy. The structure was built for Walgreens in 2006. Parking ratio is 4.18/1000 SF. Walgreens Corporate is pleased with this location and is committed to the lease long term. This property makes an excellent 1031 exchange.