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611 Valley Mall Pky
East Wenatchee, WA 98802

$2,988,514 USD

Storefront For Sale  •  46,488 SF

Property Details

  • Property Type Storefront
  • Total Building Size 46,488 SF
  • Lot Size 2.29 AC
  • Building Class B
  • Year Built 2000
  • Cap Rate 7.00 %
  • Tenancy Single
  • Zoning CBD
0 Transit Score
72 Walk Score

Highlights

Corporate Lease Featuring 5% Rental Increases at Each Option. 12+ Year Historical Occupancy & Recent 10 Year Lease Extension.
Strong Performing Location: Top 30% in Chain per Placer.ai. Limited Competition: Next Nearest Sportsman’s Warehouse is 50+ Miles Away.
Priced Below Replacement Cost and Low Price per Square Foot ($64/SF).
Wenatchee’s Population has Grown by 23% since 2000 and has an Average Household Income of more than $90k. Extremely Low Trade Area Vacancy.
Located w/in Wenatchee Valley Mall - the Largest Mall in Wenatchee with Anchor Tenants including Marshalls, Ross Dress for Less, Macy’s & more.
Cap Rate: 7.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Sportsman's Warehouse 46,488 SF 3/31/2033

Public Transportation

Commuter RailDriveWalkDistance
Wenatchee Amtrak (Empire Builder - Amtrak) 5 min - 1.6 mi
AirportDriveWalkDistance
Pangborn Memorial 12 min - 5.1 mi
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap