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Eastgate Market 420 N Wilbur Ave 53,290 SF 79% Leased Retail Building Walla Walla, WA 99362 $5,900,000 ($110.71/SF) 7.08% Cap Rate
Executive Summary
Safeway Anchored Shopping Center for Sale. Quick Access to Highway 12 and Walla Walla Regional Airport. Neighboring Retailers Include: Dollar Tree, McDonald’s, Papa Murphy’s, Subway and Starbucks (Coming Soon). Built in 1972, Renovated in 1991
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
53,290 SF
Building Class
B
Year Built/Renovated
1973/1991
Price
$5,900,000
Price Per SF
$110.71
Cap Rate
7.08%
NOI
$417,703
Percent Leased
79%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.10
Lot Size
11.89 AC
Zoning
Commercial, Walla Walla
Parking
750 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Former tanning salon space with several private rooms and reception area. Common area restrooms available for customers. Contiguous with Suite 502 for a total of 5,771 SF.
Retail space with showroom area, back of house room, and 1 restroom. Common area restrooms available for customers. Contiguous with Suite 470 for a total of 5,571 SF.
| Space | Size | Space Use | Position | Available |
| 470 | 2,842-5,571 SF | Retail | - | Now |
| 502 | 2,729-5,571 SF | Retail | - | Now |
470
| Size |
| 2,842-5,571 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
502
| Size |
| 2,729-5,571 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
470
| Size | 2,842-5,571 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Former tanning salon space with several private rooms and reception area. Common area restrooms available for customers. Contiguous with Suite 502 for a total of 5,771 SF.
502
| Size | 2,729-5,571 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Retail space with showroom area, back of house room, and 1 restroom. Common area restrooms available for customers. Contiguous with Suite 470 for a total of 5,571 SF.
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 360722220080 | Improvements Assessment | $3,123,800 |
| Land Assessment | $1,080,200 | Total Assessment | $4,204,000 |
Property Taxes
Parcel Number
360722220080
Land Assessment
$1,080,200
Improvements Assessment
$3,123,800
Total Assessment
$4,204,000
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