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Subway End-Cap | Multi-Tenant Retail | Tonasket WA

422 S Whitcomb Ave, Tonasket, WA 98855

Listing Price: $950,000

Cap Rate
4.22%
Gross SF
7,404
Rentable SF
7,404
Price/Gross SF
$128.31
Lot Size
0.32 acres
Year Built
1938

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for 422 S Whitcomb Avenue in Tonasket, Washington. This offering features a 7,404-square-foot, fully leased, multi-tenant retail property situated on 0.32 acres across two contiguous parcels. The building benefits from a dedicated 25-space parking lot located directly behind the structure and is positioned within Tonasket’s downtown corridor, offering strong visibility and accessibility within the city’s main district.

Located directly along Highway 97, the property provides excellent exposure in Downtown Tonasket. The building is anchored by Subway, serving as an end-cap tenant and one of the few national brands in the area. The corridor sees an average daily traffic count of approximately 7,300 vehicles, ensuring consistent visibility and customer flow for all tenants.

Tonasket, located in north-central Washington’s Okanogan County, sits roughly 45 minutes north of Omak and 20 minutes south of the Canadian border. The city serves as a retail and service hub for nearby agricultural communities and travelers along Highway 97. Surrounded by farmland and outdoor recreation, Tonasket’s small-town character and steady year-round activity create a stable environment for long-term investment.

Investment Highlights

  • Fully leased multi-tenant retail building with 25-space parking lot
  • Month-to-Month leases with no increases for several years offering owner-user/value-add investment opportunity.
  • Prime location in the heart of Tonasket's main retail trade area
  • Anchored by national tenant Subway
  • Corner property at signalized intersection (AADT 7,300)
  • Strong visibility and frontage along Highway 97

Exclusively Listed By

  • Rolfe Z. Zeisner

    Associate Investments

    (206) 826-5757

    Email Rolfe

    License(s): WA: 25024797

    Seattle

  • Jesse K. Fox

    Associate Director Investments

    Email Jesse

    License(s): WA: 23158, ID: BR38082

    Seattle

Shopping Strip

Subway End-Cap | Multi-Tenant Retail | Tonasket WA

Listing Price: $950,000

Cap Rate
4.22%
Gross SF
7,404
Rentable SF
7,404
Price/Gross SF
$128.31
Lot Size
0.32 acres
Year Built
1938

Investment Highlights

  • Fully leased multi-tenant retail building with 25-space parking lot
  • Month-to-Month leases with no increases for several years offering owner-user/value-add investment opportunity.
  • Prime location in the heart of Tonasket's main retail trade area
  • Anchored by national tenant Subway
  • Corner property at signalized intersection (AADT 7,300)
  • Strong visibility and frontage along Highway 97

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for 422 S Whitcomb Avenue in Tonasket, Washington. This offering features a 7,404-square-foot, fully leased, multi-tenant retail property situated on 0.32 acres across two contiguous parcels. The building benefits from a dedicated 25-space parking lot located directly behind the structure and is positioned within Tonasket’s downtown corridor, offering strong visibility and accessibility within the city’s main district. Located directly along Highway 97, the property provides excellent exposure in Downtown Tonasket. The building is anchored by Subway, serving as an end-cap tenant and one of the few national brands in the area. The corridor sees an average daily traffic count of approximately 7,300 vehicles, ensuring consistent visibility and customer flow for all tenants. Tonasket, located in north-central Washington’s Okanogan County, sits roughly 45 minutes north of Omak and 20 minutes south of the Canadian border. The city serves as a retail and service hub for nearby agricultural communities and travelers along Highway 97. Surrounded by farmland and outdoor recreation, Tonasket’s small-town character and steady year-round activity create a stable environment for long-term investment.

Exclusively Listed By

  • Rolfe Z. Zeisner

    Associate Investments

    (206) 826-5757

    Email Rolfe

    License(s): WA: 25024797

    Seattle

  • Jesse K. Fox

    Associate Director Investments

    Email Jesse

    License(s): WA: 23158, ID: BR38082

    Seattle

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