509 Mount Hood St - Retail FOR SALE


The Dalles, OR 97058
$2,573,000 USD
480-221-4221
509 Mount Hood St, The Dalles, OR for Sale
$2,573,000 USD
Retail - FOR SALE
1/8
null | 6.5% Cap Rate

509 Mount Hood St
The Dalles, OR 97058


HIGHLIGHTS

  • 100% Occupied | Strong Tenant Line-Up | Below Market Rent
  • Excellent Visibility and Access | Quick Access to Interstate-84 (20,400 VPD)
  • Walgreen Anchored Center | Dense Retail Corridor | Across to Safeway & Fred Meyer Centers
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

• The offering features a 2-tenant retail building fully leased to Mod Pizza and The Dalles Treatment Center • 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

FOR SALE DETAILS

PRICE

$2,573,000 USD

PRICE/SF

$260 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2-Tenant Retail | Walgreen Shadow Anchored

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

32,892 SF

ZONING

CG

APN/PARCEL ID

1N 13E 4 AB 100

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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