Investor alert--large commercial building with space to build additional 13k sq ft, next to I-5 with 8%+ cap rate. Very low maintenance, the 3 reliable tenants take care of almost everything. Brings in $202,440 in annual rents and nets $177,751. The footprint is 18,200 and there is a second floor of 2,400 sq ft and a mezzanine of 600 sq ft for a total of 21,200 sq ft, all leased out. Opportunity to add a 7k sq ft building in front and 6k sq ft in the back. Owner financing potentially available.
|--||New Value: $2,200,000|
|8/21/2018 11:13:00 AM|
This property search is part of the RE/MAX Pacific Northwest website. Listing information is courtesy of the WA-NWMLS and RE/MAX Pacific Northwest. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.