654 Basin St SW - Freestanding FOR SALE


Ephrata, WA 98823
$1,371,902 USD
952-356-0100
654 Basin St SW, Ephrata, WA for Sale
$1,371,902 USD
Freestanding - FOR SALE
1/5
null | 6.15% Cap Rate

654 Basin St SW
Ephrata, WA 98823


OVERVIEW

• Corporate NNN* lease structure with tenant responsible for taxes, insurance, HVAC, parking lot, landscaping, and utilities • O’Reilly Auto Parts is a Fortune 500 company and the largest specialty retailer of automotive parts in the United States • Tenant has occupied this location since 1997 (nearly 30-year operating history at the site) • Two remaining 5-year options with contractual rent increases • Direct frontage on SR-28, Ephrata’s primary retail corridor • 0.52 AC site across 2 parcels with dedicated 18-stall parking lot

FOR SALE DETAILS

PRICE

$1,371,902 USD

PRICE/SF

$249 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

O'Reilly Auto Parts - Ephrata

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

Commercial 2

APN/PARCEL ID

140631000,140632000

ASK ABOUT THIS PROPERTY

Kevin AdattoNorthmarqMore Info
952-356-0100

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Kevin AdattoNorthmarqMore Info
952-356-0100

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