Department Store
Sportsman's Warehouse | Recent Lease Extension | Top 30% in Chain | Low Price per Square Foot
611 Valley Mall Pkwy, East Wenatchee (Outside Seattle), WA 98802
Listing Price: $2,988,514
Investment Overview
East Wenatchee, Washington, is a picturesque city located in the heart of Douglas County, nestled along the Columbia River. Known for its scenic beauty and outdoor recreation, the area enjoys a prime location with a backdrop of rolling hills, orchards, and mountain vistas.
The Columbia River provides endless opportunities for boating, fishing, and kayaking, while the Apple Capital Recreation Loop Trail offers stunning views for biking, jogging, and walking. East Wenatchee’s proximity to the Cascade Mountains also makes it a gateway for hiking, skiing, and exploring the region’s natural wonders.
Valley Mall Parkway is a central hub for the community, offering a mix of retail, dining, and service options. The area benefits from a steady flow of residents and visitors, drawn by its convenient location near major highways like SR 28, which connects to Wenatchee and other parts of the region.
The city has a rich agricultural heritage, with apple orchards playing a significant role in the local economy. Events like the annual Wenatchee Apple Blossom Festival celebrate this history and bring the community together. East Wenatchee’s small-town charm, coupled with modern amenities, creates a welcoming environment for residents and visitors alike.
The area is also home to excellent schools, parks, and a growing housing market, making it a desirable place to live. Its vibrant economy is supported by a mix of agriculture, retail, and tourism, contributing to the city’s growth and development.
Sportsman's Warehouse | Recent Lease Extension | Top 30% in Chain | Low Price per Square Foot
Investment Highlights
- Corporate Lease Featuring 5% Rental Increases at Each Option. 12+ Year Historical Occupancy & Recent 10 Year Lease Extension. Strong Performing Location: Top 30% in Chain per Placer.ai.
- Limited Competition: Next Nearest Sportsman's Warehouse is 50+ Miles Away. Priced Below Replacement Cost and Low Price per Square Foot ($64/SF).
- -The Site Benefits from Excellent Visibility via Significant Street Frontage, a Large Pylon Sign, and Multiple Points of Ingress/Egress: Located Just off State Hwy-28 (35k+ VPD).
- East Wenatchee Boasts Stunning Columbia River Views, a Vibrant Outdoor Lifestyle, and Rich Agricultural Heritage. Known for its Apple Orchards and Mild Climate, it Offers Scenic Trails and Parks.
- Located w/in Wenatchee Valley Mall - the Largest Mall in Wenatchee with Anchor Tenants including Marshalls, Ross Dress for Less, Macy's, Grocery Outlet, Pet Smart, and over 40 Specialty Stores the Mall Serves Over 2.3 Million Visitors per Year.
- Minutes from Confluence Health Hospital - a 206-Bed Community Hospital Offering a Comprehensive Range of Care through Cardiac Surgery, Neurosurgery and Hospitalist/Surgical Programs. It is One of Five Hospitals in the State with a Level II Trauma Designation.
- Other Nearby National/Credit Tenants include Costco Wholesale, Safeway, Fred Meyer, Fairfield Inn & Suites, Petco, and Hobby Lobby. Strong Tenant Synergy Increases Consumer Draw to the Immediate Trade Area and Provides Crossover Store Exposure to the Site.
- Wenatchee's Population has Grown by 23% since 2000 and has an Average Household Income of more than $90k. Extremely Low Trade Area Vacancy - The City currently has under 2% per CoStar.com.
Exclusively Listed By
Broker of Record
Financing By
Department Store
Sportsman's Warehouse | Recent Lease Extension | Top 30% in Chain | Low Price per Square Foot
Listing Price: $2,988,514
Investment Highlights
- Corporate Lease Featuring 5% Rental Increases at Each Option. 12+ Year Historical Occupancy & Recent 10 Year Lease Extension. Strong Performing Location: Top 30% in Chain per Placer.ai.
- Limited Competition: Next Nearest Sportsman's Warehouse is 50+ Miles Away. Priced Below Replacement Cost and Low Price per Square Foot ($64/SF).
- -The Site Benefits from Excellent Visibility via Significant Street Frontage, a Large Pylon Sign, and Multiple Points of Ingress/Egress: Located Just off State Hwy-28 (35k+ VPD).
- East Wenatchee Boasts Stunning Columbia River Views, a Vibrant Outdoor Lifestyle, and Rich Agricultural Heritage. Known for its Apple Orchards and Mild Climate, it Offers Scenic Trails and Parks.
- Located w/in Wenatchee Valley Mall - the Largest Mall in Wenatchee with Anchor Tenants including Marshalls, Ross Dress for Less, Macy's, Grocery Outlet, Pet Smart, and over 40 Specialty Stores the Mall Serves Over 2.3 Million Visitors per Year.
- Minutes from Confluence Health Hospital - a 206-Bed Community Hospital Offering a Comprehensive Range of Care through Cardiac Surgery, Neurosurgery and Hospitalist/Surgical Programs. It is One of Five Hospitals in the State with a Level II Trauma Designation.
- Other Nearby National/Credit Tenants include Costco Wholesale, Safeway, Fred Meyer, Fairfield Inn & Suites, Petco, and Hobby Lobby. Strong Tenant Synergy Increases Consumer Draw to the Immediate Trade Area and Provides Crossover Store Exposure to the Site.
- Wenatchee's Population has Grown by 23% since 2000 and has an Average Household Income of more than $90k. Extremely Low Trade Area Vacancy - The City currently has under 2% per CoStar.com.
Investment Overview
East Wenatchee, Washington, is a picturesque city located in the heart of Douglas County, nestled along the Columbia River. Known for its scenic beauty and outdoor recreation, the area enjoys a prime location with a backdrop of rolling hills, orchards, and mountain vistas. The Columbia River provides endless opportunities for boating, fishing, and kayaking, while the Apple Capital Recreation Loop Trail offers stunning views for biking, jogging, and walking. East Wenatchee’s proximity to the Cascade Mountains also makes it a gateway for hiking, skiing, and exploring the region’s natural wonders. Valley Mall Parkway is a central hub for the community, offering a mix of retail, dining, and service options. The area benefits from a steady flow of residents and visitors, drawn by its convenient location near major highways like SR 28, which connects to Wenatchee and other parts of the region. The city has a rich agricultural heritage, with apple orchards playing a significant role in the local economy. Events like the annual Wenatchee Apple Blossom Festival celebrate this history and bring the community together. East Wenatchee’s small-town charm, coupled with modern amenities, creates a welcoming environment for residents and visitors alike. The area is also home to excellent schools, parks, and a growing housing market, making it a desirable place to live. Its vibrant economy is supported by a mix of agriculture, retail, and tourism, contributing to the city’s growth and development.
Exclusively Listed By
Broker of Record
Financing By
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