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Omak Portfolio

717 Okoma Dr, Omak, WA 98841

Listing Price: $3,355,000

Cap Rate
7.25%
Gross SF
17,140
Rentable SF
17,140
Price/Gross SF
$195.74
Lot Size
1.86 acres
Year Built
1998

Investment Overview

A HIGH-YIELD, THREE PROPERTY PORTFOLIO COMPRISED OF MEDICAL AND PROFESSIONAL SERVICE TENANTS FEATURING RECENTLY EXTENDED LEASES AND FUTURE LEASING UPSIDE

Investment Highlights

  • 100% LEASED WITH STRONG HISTORICAL OCCUPANCY
  • DIVERSE, SERVICE AND DAILY NEEDS ORIENTED TENANT MIX
  • LEASING UPSIDE BY CONVERTING GROSS LEASES TO NNN
  • STAGGERED LEASE EXPIRATION DATES AND RECENTLY EXTENDED LEASES
  • STRONG ANNUAL CPI RENT INCREASES
  • EXISTING IN-PLACE MANAGEMENT
  • STRATEGICALLY LOCATED ON MAIN THOROUGHFARE
  • INCOME TAX FREE STATE

Exclusively Listed By

Financing By

  • Tammy Linden

    Vice President Capital Markets

    Direct:

    Email Tammy

    Seattle, WA

Listing Price: $3,355,000

Cap Rate
7.25%
Gross SF
17,140
Rentable SF
17,140
Price/Gross SF
$195.74
Lot Size
1.86 acres
Year Built
1998

Investment Highlights

  • 100% LEASED WITH STRONG HISTORICAL OCCUPANCY
  • DIVERSE, SERVICE AND DAILY NEEDS ORIENTED TENANT MIX
  • LEASING UPSIDE BY CONVERTING GROSS LEASES TO NNN
  • STAGGERED LEASE EXPIRATION DATES AND RECENTLY EXTENDED LEASES
  • STRONG ANNUAL CPI RENT INCREASES
  • EXISTING IN-PLACE MANAGEMENT
  • STRATEGICALLY LOCATED ON MAIN THOROUGHFARE
  • INCOME TAX FREE STATE

Investment Overview

A HIGH-YIELD, THREE PROPERTY PORTFOLIO COMPRISED OF MEDICAL AND PROFESSIONAL SERVICE TENANTS FEATURING RECENTLY EXTENDED LEASES AND FUTURE LEASING UPSIDE

Exclusively Listed By

Financing By

  • Tammy Linden

    Vice President Capital Markets

    Direct:

    Email Tammy

    Seattle, WA

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