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Cricket and H&R Block 905 W 6th St 4,881 SF 100% Leased 4-Star Retail Building The Dalles, OR 97058 $1,858,000 ($380.66/SF) 6.50% Cap Rate
Investment Highlights
- 100% Occupied | Strong Tenant Line-Up | Below Market Rent
- Walgreen Anchored Center | Dense Retail Corridor | Across to Safeway & Fred Meyer Centers
- Excellent Visibility and Access | Quick Access to Interstate-84 (20,400 VPD)
- Strong Demographics In 5-Mile Trade Area
Executive Summary
• The offering features a 3-tenant retail building fully leased to strong national/credit tenants
• Tenants are currently paying far below market rents in The Dalles market
• Opportunity to increase NOI through mark to market and converting to NNN leases
• Tenants are currently paying far below market rents in The Dalles market
• Opportunity to increase NOI through mark to market and converting to NNN leases
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
4,881 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2005
Price
$1,858,000
Price Per SF
$380.66
Cap Rate
6.50%
NOI
$120,758
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
0.37 AC
Opportunity Zone
Yes
Zoning
CG - General Commercial
Parking
13 Spaces (2.66 Spaces per 1,000 SF Leased)
Frontage
87’ on W 6th St
Amenities
- Signage
Walk Score®
Very Walkable (75)
Nearby Major Retailers
Property Taxes
| Parcel Number | 17035 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $956,359 |
Property Taxes
Parcel Number
17035
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$956,359
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Cricket and H&R Block | 905 W 6th St
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