1615 Buck Way | Mount Vernon, WA 98273
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- LoopNet Team
1615 Buck Way
Mount Vernon, WA 98273
Buck Way Professional Service Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 100% occupied professional service building, benefiting from excellent co-tenancy and a pro-business community.
- Umpqua Bank, a publicly traded company, has occupied the space as a home lending center since 2006 and recently exercised a 5-year lease extension.
- All tenants operate on fixed modified gross leases, providing minimal landlord responsibility.
- Highly visible location situated along the I-5 corridor and on East College Way, the town’s main thoroughfare, with over 24,000 VPD.
- NextHome Preview Properties has occupied the space since 1999 and will be executing a 5-year lease extension with options at the time of closing.
- The property benefits from a population density of over 60,000 with an average household income of $82,000 within a 5-mile radius.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
5,000 SF
Building Class
C
Year Built
1986
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
0.50 AC
Parking
22 Spaces (4.4 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | P80387 | Improvements Assessment | $584,200 |
| Land Assessment | $456,600 | Total Assessment | $1,040,800 |
PROPERTY TAXES
Parcel Number
P80387
Land Assessment
$456,600
Improvements Assessment
$584,200
Total Assessment
$1,040,800
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