1031 Exchange Properties For Sale

900 S College Ave

College Place, WA 99324

1031 Exchange Property
Retail for Sale
$1,526,591 CAD
792 SF

Air Conditioning

College Place Retail for Sale

Buyer to verify all information including, square footage, taxes, insurance. Sale is subject to existing 10-year lease with a 10-year option. 6 years remain on first lease. Existing 10-year lease has a 3% per year built-in inflation clause. Building is approximately 3-years old and designed to require very little maintenance which is the responsibility of the tenant. Steel/concrete outside deck requires little or no maintenance. The lease is a modified NNN lease. Landlord pays property taxes and insurance. Tenant responsible for all utilities, maintenance and their portion of insurance.

Contact:

SJP, LLC

Property Subtype:

Freestanding

Date on Market:

2023-09-21

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