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Palouse Investment Opportunity - 8% Cap Rate 360 S Grand Ave 2,834 SF Retail Building Pullman, WA 99163 $350,000 ($123.50/SF) 8% Cap Rate



INVESTMENT HIGHLIGHTS
- Stable single-tenant investment
- Lease through Sept 2027
- Owner-user potential at lease end
- $28,018 annual NOI
- Tenant interest in renewal
- Prime Pullman location near WSU
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
2,834 SF
Building Class
B
Year Built/Renovated
1969/2000
Price
$350,000
Price Per SF
$123.50
Cap Rate
8%
NOI
$28,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.36
Lot Size
0.18 AC
Parking
7 Spaces (2.07 Spaces per 1,000 SF Leased)
Frontage
63’ on South Grand Avenue
Walk Score®
Very Walkable (86)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 108150043210001 | Improvements Assessment | $240,956 |
| Land Assessment | $78,250 | Total Assessment | $319,206 |
PROPERTY TAXES
Parcel Number
108150043210001
Land Assessment
$78,250
Improvements Assessment
$240,956
Total Assessment
$319,206
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Palouse Investment Opportunity - 8% Cap Rate | 360 S Grand Ave
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