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Urban-High Street

Minuteman Press

302 NE 6th Ave, Camas, WA 98607

Listing Price: $1,450,000

Cap Rate
5.51%
Gross SF
5,000
Rentable SF
5,000
Price/Gross SF
$290.00
Lot Size
0.11 acres
Year Built
1926

Investment Overview

The property consists of 5,000 square feet of leasable area situated on a 5,000 square foot parcel of land zoned Downtown Commerical (DC). This flexible zoning allows for a variety of commercial uses including retail, office and residential. The building is well designed to accomodate two tenants.

The property is currently 100% occupied by a single tenant, Minuteman Press. The tenant signed a new 5 year lease with (3) 5 year renewal options demonstrating their success and continued committment to this location. The current lease structure is Modified Gross. The Tenant is responsible for utilities while the Landlord is responsilbe for taxes, insurance, repairs and exterior maintenance.

The property is located near several new construction projects like Clara Flats - a mixed-use apartment building directly across the street, Hudson East - another new mixed-use apartment building currently under construction a block away on NE 6th Ave and NE Cedar St as well as a future condominium project on NE 5th Ave and NE Dallas St.

Investment Highlights

  • Minuteman Press is the world's leading design, print and marketing franchise with 34 locations in Washington state and nearly 1,000 locations in six countries.
  • Downtown Camas has experienced rapid rent appreciation due to the population influx, limited supply and incredible demand.
  • The Downtown Commercial (DC) zoning allows for a variety of commercial uses including retail, office and residential.

Exclusively Listed By

Broker of Record

  • Joel Deis

    First Vice President/Regional Manager

    (206) 826-5700

    License(s) WA: 25469

    Washington

Financing By

Urban-High Street

Minuteman Press

Listing Price: $1,450,000

Cap Rate
5.51%
Gross SF
5,000
Rentable SF
5,000
Price/Gross SF
$290.00
Lot Size
0.11 acres
Year Built
1926

Investment Highlights

  • Minuteman Press is the world's leading design, print and marketing franchise with 34 locations in Washington state and nearly 1,000 locations in six countries.
  • Downtown Camas has experienced rapid rent appreciation due to the population influx, limited supply and incredible demand.
  • The Downtown Commercial (DC) zoning allows for a variety of commercial uses including retail, office and residential.

Investment Overview

The property consists of 5,000 square feet of leasable area situated on a 5,000 square foot parcel of land zoned Downtown Commerical (DC). This flexible zoning allows for a variety of commercial uses including retail, office and residential. The building is well designed to accomodate two tenants. The property is currently 100% occupied by a single tenant, Minuteman Press. The tenant signed a new 5 year lease with (3) 5 year renewal options demonstrating their success and continued committment to this location. The current lease structure is Modified Gross. The Tenant is responsible for utilities while the Landlord is responsilbe for taxes, insurance, repairs and exterior maintenance. The property is located near several new construction projects like Clara Flats - a mixed-use apartment building directly across the street, Hudson East - another new mixed-use apartment building currently under construction a block away on NE 6th Ave and NE Cedar St as well as a future condominium project on NE 5th Ave and NE Dallas St.

Exclusively Listed By

Broker of Record

  • Joel Deis

    First Vice President/Regional Manager

    (206) 826-5700

    License(s): WA: 25469

    Washington

Financing By

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