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Jiffy Lube 700 SE Bishop Blvd 2,326 SF Retail Building Pullman, WA 99163 $1,250,000 ($537.40/SF) 6.75% Cap Rate
Investment Highlights
- Listed at $1,250,000 yielding a 6.75% cap rate
- Abs. NNN Lease offers a passive ownership structure for any investor
- Across the street from Walmart Supercenter for strong retail synergy
- Long-Term Lease of 12+ Years with 2% annual rent increases
- Strategic corner parcel with strong visibility along SE Bishop Boulevard
- Located in Pullman, home to Washington State University
Executive Summary
Brian Brockman
License # 27380, 21256 (WA)
2939 Vernon Place Cincinnati OH 45219
2939 Vernon Place Cincinnati OH 45219
(866) 889-0550
License # 27380, 21256 (WA)
2939 Vernon Place Cincinnati OH 45219
2939 Vernon Place Cincinnati OH 45219
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,326 SF
Building Class
C
Year Built
2004
Price
$1,250,000
Price Per SF
$537.40
Cap Rate
6.75%
NOI
$84,358
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.00 AC
Zoning
C3 - Commercial
Parking
15 Spaces (6.45 Spaces per 1,000 SF Leased)
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 115340005010001 | Improvements Assessment | $595,511 |
| Land Assessment | $282,240 | Total Assessment | $877,751 |
Property Taxes
Parcel Number
115340005010001
Land Assessment
$282,240
Improvements Assessment
$595,511
Total Assessment
$877,751
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Jiffy Lube | 700 SE Bishop Blvd