1403 E Washington Ave | Union Gap, WA 98903
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- LoopNet Team
1403 E Washington Ave
Union Gap, WA 98903
PetSmart · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- RECENT 5-YEAR RENEWAL ON AN ABSOLUTE NNN LEASE WITH ZERO LANDLORD RESPONSIBILITIES.
- LOCATED IN WASHINGTON, AN INCOME TAX-FREE STATE.
- LOCATED IN UNION GAP JUST OFF I-82, A STRONG RETAIL SUBMARKET WITH 2% VACANCY (Q1 2019).
- BUILT-TO-SUIT CONSTRUCTION SPECIFIC TO TENANT.
- THE PROPERTY HAS STRONG SHADOW ANCHOR SUPPORT FROM NEARBY CABELA’S, ROSS, HOBBY LOBBY, HOME DEPOT, AND VALLEY MALL.
- PETSMART’S ONLINE PRESENCE CHEWY INC.’S STRONG IPO NEARLY TRIPLED PETSMART’S INITIAL INVESTMENT.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
19,495 SF
Building Class
B
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
1.56 AC
Zoning
C2
Parking
84 Spaces (4.27 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 191332-24409 | Improvements Assessment | $2,384,900 |
| Land Assessment | $1,146,450 | Total Assessment | $3,531,350 |
PROPERTY TAXES
Parcel Number
191332-24409
Land Assessment
$1,146,450
Improvements Assessment
$2,384,900
Total Assessment
$3,531,350
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