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705 SW Mt Si Blvd 3,153 SF Retail Building North Bend, WA 98045 $2,650,000 ($840.47/SF) 5.25% Cap Rate
Investment Highlights
- Rare Commercial Asset in Growing North Bend Market
- Strong population and economic growth
- Close proximity to I-90
Executive Summary
Prime North Bend Commercial Property For Sale
Data Room Click Here to Access
Property Facts
Sale Type
Investment
Sale Condition
Ground Lease (Leasehold)
Property Type
Retail
Property Subtype
Building Size
3,153 SF
Building Class
B
Year Built
1997
Price
$2,650,000
Price Per SF
$840.47
Cap Rate
5.25%
NOI
$139,125
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.94 AC
Zoning
IC
Parking
43 Spaces (13.64 Spaces per 1,000 SF Leased)
Frontage
123’ on Mt Si Blvd
Amenities
- Pylon Sign
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- -
- -
-
Jan 0000
Arby's began in Boardman, Ohio, in 1964, founded by Forrest and Leroy Raffel as a fast-food sandwich concept built around roast beef. The company operates as a sandwich restaurant chain within Inspire Brands, with a menu centered on slow-roasted roast beef, turkey, and premium Angus beef sandwiches, along with salads, sides, and beverages. The company has expanded beyond its original roast beef focus while maintaining a franchised restaurant model and a presence across the United States and select international markets.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Accommodation and Food Services | - | - | Jan 0000 |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 092308-9089 | Improvements Assessment | $873,900 |
| Land Assessment | $987,000 | Total Assessment | $1,860,900 |
Property Taxes
Parcel Number
092308-9089
Land Assessment
$987,000
Improvements Assessment
$873,900
Total Assessment
$1,860,900
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