111 E North Bend Way - Storefront FOR SALE


North Bend, WA 98045
$1,250,000 USD
206-826-5784
111 E North Bend Way, North Bend, WA for Sale
$1,250,000 USD
Storefront - FOR SALE
1/6
null | 5.15% Cap Rate

111 E North Bend Way
North Bend, WA 98045


HIGHLIGHTS

  • Prime Retail Frontage
  • Significant Rental Upside
  • High Barrier to Entry

OVERVIEW

THE VARA GROUP is pleased to present an exceptional investment opportunity in the heart of North Bend, Washington. Strategically positioned along E North Bend Way, the North Bend Retail Center offers excellent visibility and ease of access. The 4,574 SF property is fully leased to three tenants under NNN lease structures, all of which are short-term, offering flexibility for future repositioning, leasing at market rents, or potential owner-user occupancy. Surrounded by some of Washington’s premier tourist destinations, the asset is well-positioned to benefit from consistent foot traffic driven by year-round tourism.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$273 USD /SF

CAP RATE

5.15%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1929

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

5,000 SF

ZONING

DC, North Bend

APN/PARCEL ID

857190-0055

ASK ABOUT THIS PROPERTY

Raymond 'RJ' VaraMarcus & MillichapMore Info
206-826-5784

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Raymond 'RJ' VaraMarcus & MillichapMore Info
206-826-5784

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.