Shopping Strip
North Bend Retail
111 E North Bend Way, North Bend, WA 98045
Listing Price: $1,250,000
Investment Overview
Marcus & Millichap 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 owneruser 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.
North Bend Retail
Investment Highlights
- PRIME RETAIL FRONTAGE The Offering features 50 feet of frontage along North Bend Way, providing direct exposure to thousands vehicles passing daily.
- SIGNIFICANT RENTAL UPSIDE In-Place lease rates average nearly 38% below market, presenting significant value-add opportunity.
- HIGH BARRIER TO ENTRY Limited inventory and a slowed development pipeline offers investors access to a supply-constrained market known for strong tenant retention.
- EXCELLENT LOCATION Situated in downtown North Bend, the property benefits from steady, year round tourism that drives business to the limited retail options.
Exclusively Listed By
Financing By
Listing Price: $1,250,000
Investment Highlights
- PRIME RETAIL FRONTAGE The Offering features 50 feet of frontage along North Bend Way, providing direct exposure to thousands vehicles passing daily.
- SIGNIFICANT RENTAL UPSIDE In-Place lease rates average nearly 38% below market, presenting significant value-add opportunity.
- HIGH BARRIER TO ENTRY Limited inventory and a slowed development pipeline offers investors access to a supply-constrained market known for strong tenant retention.
- EXCELLENT LOCATION Situated in downtown North Bend, the property benefits from steady, year round tourism that drives business to the limited retail options.
Investment Overview
Marcus & Millichap 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 owneruser 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.
Exclusively Listed By
Financing By
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