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1213 Cascade Dr
Twisp, WA 98856
Cascade Building · Industrial Property For Sale
Investment Highlights
- The lease has been renewed 5 times on 5yr lease terms for the last 25 years plus from Garda Securities a Multi Billion International Company
- Fenced in 1.5 acre compound with 12 outside large covered parking for big trucks as well as extensive additional parking and storage
- There are 9 individual insulated well lit units that could be rented separately at potentially much higher rates should Garda ever move
- The current lease is up for renewal before April 26 and the new owner can raise the rates to current market rates to get to a cap rate of 7.5 -8.5%
- Owner financing available 1/3 down owner carry up to 3 years at 5.5% interest only with a balloon payment
Property Facts
| Property Type | Industrial | Rentable Building Area | 9,400 SF |
| Property Subtype | Warehouse | No. Stories | 1 |
| Building Class | B | Year Built | 1984 |
| Lot Size | 1.50 AC | Tenancy | Single |
| Zoning | C - commercial Industrial | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 1.50 AC |
| Rentable Building Area | 9,400 SF |
| No. Stories | 1 |
| Year Built | 1984 |
| Tenancy | Single |
| Zoning | C - commercial Industrial |
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Property Taxes
| Parcel Number | 4790080000 | Improvements Assessment | $356,300 |
| Land Assessment | $59,800 | Total Assessment | $416,100 |
Property Taxes
Parcel Number
4790080000
Land Assessment
$59,800
Improvements Assessment
$356,300
Total Assessment
$416,100
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