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192nd Street Station North Retail Investment 1735 SE 192nd Ave 10,310 SF 100% Leased Retail Building Camas, WA 98607 $4,890,160 ($474.31/SF) 6.25% Cap Rate



Investment Highlights
- Multi-tenant Retail NNN Investment Opportunity in Camas, WA
- Located along SE 192nd Avenue, one of Clark County’s fastest-growing retail corridors, with direct access to SR-14
- Part of the 192nd Station Master Plan
- Average length of tenancy at the property is over 10 years
- 18,000 ADT along SE 192nd Avenue
- Shadow anchored by Legacy Health and Holiday Inn Express
Executive Summary
100% Leased NNN Retail Investment
192nd St Station North
Sale Price: $4,890,000
Cap Rate: 6.25%
NOI: $305,634
Building Size: 10,310 SF
Lot Size: 0.64 AC
192nd St Station North
Sale Price: $4,890,000
Cap Rate: 6.25%
NOI: $305,634
Building Size: 10,310 SF
Lot Size: 0.64 AC
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
10,310 SF
Building Class
C
Year Built
2012
Price
$4,890,160
Price Per SF
$474.31
Cap Rate
6.25%
NOI
$305,635
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.37
Lot Size
0.64 AC
Zoning
CC - Community Commercial (CC) Zone
Parking
42 Spaces (4.07 Spaces per 1,000 SF Leased)
Frontage
193’ on SE 192nd Ave
Amenities
- 24 Hour Access
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 986029-206 | Improvements Assessment | $2,514,200 |
| Land Assessment | $696,900 | Total Assessment | $3,211,100 |
Property Taxes
Parcel Number
986029-206
Land Assessment
$696,900
Improvements Assessment
$2,514,200
Total Assessment
$3,211,100
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