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January 30
Benton Franklin Physical Therapy
15 W West 10th Ave, Kennewick, WA
$1,250,000
Offering Price
8.50%
Cap Rate
Year Built 1993Location Kennewick, WAThe Verger Team is pleased to present the opportunity to acquire Benton Franklin Physical Therapy, a Single-Tenant NNN investment in Kennewick, Washington. This well-established tenant specializes in comprehensive orthopedic care, including surgical and non-surgical treatments, physical therapy, and sports medicine, serving a vital role in the community’s healthcare needs.The property is strategically... Read more
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January 29
Longston Place
13317 Meridian Ave E, Puyallup, WA
$15,490,000
Offering Price
7.90%
Cap Rate
Year Built 1999Square Feet 66,552Location Puyallup, WAMarcus & Millichap’s Brown Retail Group has been selected to exclusively market for sale Longston Place Shopping Center located in Puyallup, WA. The Property is 100% occupied with a mix of national and local tenants, including Regal Cinemas, Buffalo Wild Wings, IHOP, Heartland Dental and Cold Stone Creamery. The property is strategically located along Meridian (SR 161), the main commercial corridor... Read more
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January 22
Washington Square
310 Washington Ave N, Kent, WA
$6,583,200
Offering Price
6.50%
Cap Rate
Year Built 1979Location Kent, WAIntroducing Washington Square Retail Center in Kent, WA – a prime investment opportunity! Priced at $6,583,200 with a solid 6.50% cap rate, this 23,679 SF property boasts 6 tenants under NNN leases, offering minimal landlord responsibilities and steady income.
Jack in the Box
221 Central Ave N, Kent, WA
$1,400,000
Offering Price
5.54%
Cap Rate
Year Built 1971Square Feet 1,484Location Kent, WAKidder Mathews is pleased to present the opportunity to acquire a single-tenant net leased Jack in the Box, located in rapidly growing Kent, Washington.The tenant has operated at this location since 1971, and in 2011 Jack in the Box completely rebuilt the store.-The building was rebuilt in 2011 based on Jackin the Box’s new restaurant model-Absolute NNN lease structure with no landlord responsibilities-Located... Read more
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January 11
1651 Pilgrim Street
1651 Pilgrim St, Moses Lake, WA
$8,500,000
Offering Price
7.25%
Cap Rate
Year Built 2015Square Feet 32,800Location Moses Lake, WAMarcus & Millichap's Brown Retail Group has been selected to exclusively market for sale the Department of Social & Health Services (DSHS) facility located in the rapidly growing Moses Lake, Washington, sub-market. This Property was a build-to-suit location for DSHS, situated on a spacious 3.26-acre lot with ample parking (roughly 185 parking stalls). Prior to closing, the Seller will be completing... Read more
16608 E Sprague Avenue
16608 E Sprague Ave, Spokane Valley, WA
$2,800,000
Offering Price
6.00%
Cap Rate
Year Built 2019Square Feet 12,595Location Spokane Valley, WAThis industrial warehouse, located at 16608 E Sprague Ave in Spokane Valley, WA, is an exceptional investment opportunity priced at $2,800,000. Built in 2019, the property features a 12,595-square-foot building on 1 acre, zoned CMU, with 31 parking stalls. It is currently under a 5-year Absolute NNN Lease with 2% annual escalators and offers a 6% cap rate. Conveniently situated with easy access to... Read more
Dollar Tree Meridian
6259 N Linder Rd, Meridian, ID
$2,800,000
Offering Price
5.00%
Cap Rate
Year Built 2017Square Feet 10,018Location Meridian, IDTenant: Dollar Tree Stores, Inc.<br /> Lease Type: NNN<br /> Guarantee: Corporate<br /> Initial Lease Start: 2017 (New Construction)<br /> Base Term: July 2017 - June 2027<br /> Basis: NNN subject to annual expense caps<br /> Lease Options: Three five-year tenant options to renew
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January 10
3321 184th St SW
3321 184th St SW, Lynnwood, WA
$6,950,000
Offering Price
5.16%
Cap Rate
Year Built 1989Square Feet 3,833Location Lynnwood, WAKura Sushi presents an exceptional investment opportunity, benefiting from a new 15-year absolute net lease. Located in an unparalleled location across the street from Alderwood Mall, this offering includes contracted rental increases and is backed by a strong credit tenant. The property features a fully remodeled free-standing pad building, shadow anchored by H-Mart grocery.
Sherwin Williams - Interbay
2500 15th Ave W, Seattle, WA
$4,520,000
Offering Price
5.00%
Cap Rate
Year Built 1960Square Feet 5,745Location Seattle, WAThe offering provides the opportunity to acquire a ±5,745 square foot single tenant Sherwin-Williams. Sherwin-Williams (SHW) is an investment grade tenant located in one of the most dynamic and highly sought after trade areas of Seattle. The asset is located minutes from downtown Seattle and South Lake Union, two blocks from Expedia’s 1.95-million SF headquarters, and in the heart of the dense,... Read more
Everett Starbucks
12811 4th Ave W, Everett, WA
$2,940,000
Offering Price
5.00%
Cap Rate
Year Built 2016Square Feet 2,050Location Everett, WAStarbucks presents an exceptional investment opportunity, benefiting from a phenomenal ‘story’ with Starbucks relocating to this site in 2016 from a neighboring in-line store location, recently exercising an early five-year option providing six years of lease term remaining, completing an extensive store remodel in 2023 at the Tenant’s costs, and a 10% rental increase in May 2026 increasing the... Read more
1888 SE Sedgwick Road
1888 SE Sedgwick Rd, Port Orchard, WA
$2,270,000
Offering Price
Year Built 2000Location Port Orchard, WAFred Meyer 4-tenant strip retail pad building available. Two vacant units available for value-add opportunity.
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January 9
Canyon Road Shop
9512 Canyon Rd E, Puyallup, WA
$3,500,000
Offering Price
5.78%
Cap Rate
Year Built 1982Square Feet 9,000Location Puyallup, WA• Building Size: 9,000 sq. ft. • Land Size: 45,700 sq. ft. • High Visibility Corner • Zoning: RNC (Rural Neighborhood Center) • Pierce County Parcel Number: 0320364058 • Net Operating Income: $195,257 • Low rents and Low operating costs.
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December 21
525 5th Avenue S
525 5th Ave S, Edmonds, WA
$1,395,000
Offering Price
Year Built 1995Square Feet 3,582Location Edmonds, WAPrime 2-unit commercial space in the heart of Edmonds Bowl offering unbeatable visibility in the downtown core. Spanning 1,794 & 1,788 square feet, both units are 100% leased, ensuring steady income. Updates will keep it low maintenance & include Hardie plank siding, roof, gutters, windows & fresh exterior paint. Ample parking w/ private rear parking lot + st parking. Versatile layout accommodates... Read more
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December 13
Chipotle
597 SW 1st Ave, Canby, OR
$3,690,000
Offering Price
Year Built 1980Square Feet 2,725Location Canby, ORWe are pleased to present the opportunity to acquire a Single Tenant Net Leased Investment located in Canby, OR. The property is leased to Chipotle on a brand new 15-year term that commenced on December 1, 2024. This location consists of Chipotle’s pickup window “Chipotlane” for customers with meals preordered in the Chipotle mobileapp. The property is ideally located on SW 1st Ave (Pacific... Read more
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December 4
Poulsbo College Marketplace Shops
21505 Market Pl NW, Poulsbo, WA
$6,530,000
Offering Price
Year Built 2005Square Feet 15,507Location Poulsbo, WAThe Warner Retail Team and First Western Properties are excited to present the opportunity to acquire College Marketplace, an exceptional value-add retail strip center that’s outparcel to one of the highest-performing Walmart’s in the country and located in the middle of booming new residential construction.Positioned directly in front of Walmart’s entrance, College Marketplace boasts some of... Read more
The Annex at Ballinger Village
20030 Ballinger Way NE, Shoreline, WA
$4,110,000
Offering Price
5.75%
Cap Rate
Year Built 2014Square Feet 7,097Location Shoreline, WA903 Douglas Munro Bloulevard
903 Douglas Munro Blvd, Cle Elum, WA
$2,933,000
Offering Price
Year Built 2024Square Feet 2,162Location Cle Elum, WAThe Warner Retail Team and First Western Properties are pleased to present a new construction Starbucks on a ±10-year NNN lease. The property is located in Cle Elum at the on/off-ramp of I-90, the primary route from Seattle to Spokane and Tri-Cities, providing a convenient drive-thru stop for passing motorists. The next opportunity for a Starbucks Drive-Thru is 30 minutes away, giving drivers limited... Read more
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November 21
Freestanding Single Tenant Retail - Jack in the Box Ground Lease
3922 Bridgeport Way W, University Place, WA
$2,500,000
Offering Price
4.49%
Cap Rate
Year Built 1994Location University Place, WA21,100 SF single tenant, long term ground lease with Jack in the Box, located within the Green Firs Towne Center in University Place, WA. This opportunity features a newly renewed corporate lease within a lively shopping center, alongside strong co-tenants including Safeway, Trader Joe’s and Home Goods. Contact Broker for NDA.
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November 13
716 Alabama Street
716 Alabama St, Bellingham, WA
$1,750,000
Offering Price
5.70%
Cap Rate
Year Built 1975Location Bellingham, WARare single-tenant, triple-net leased property for sale. This site has been occupied for over50-years! The current business owner has two locations, along with several Avenue Breadlocations, and is an experienced restaurant operator. The property is well located on a busycorner of Alabama and James Street, across from Trader Joes, and near I-5 access. Theproperty also includes a cell tower with a long-term... Read more