Bethel Mart - Hoquiam, WA | 2604 Simpson Ave
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Bethel Mart - Hoquiam, WA 2604 Simpson Ave
1,568 SF Retail Building Hoquiam, WA 98550 For Sale
Investment Highlights
- First Station West of the Hoquiam River Bridge
- Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
- Strong Operator With 30 Year History
- On Hard Corner and on Main Retail Corridor That Sees Over 14,000 VPD
- Annual Rent Increases With Three (3) x Five (5) Year Options
- Bonus/Accelerated Depreciation - C-Stores Typically Qualify For Bonus and Accelerated Depreciation (Please Confer With Your CPA)
Executive Summary
Sands Investment Group is Pleased to Present For Sale the Bethel Mart Absolute NNN Asset Located in Hoquiam, Washington. Discover the Allure of Hoquiam, WA, Near the Property at 2604 Simpson Avenue. This Bustling Area is known For its Charming Small-Town Atmosphere and Wide Range of Local Attractions. With Close Proximity to the Vibrant Downtown District and Nearby Historic Sites, This Location Offers an Abundance of Opportunities For Retail and Street Retail Investors. Enjoy the Scenic Beauty of Nearby Parks, And Take Advantage of the Area's Strong Sense of Community. The Property's Ideal Location Provides Potential For High Foot Traffic and Visibility, Making it an Attractive Prospect For Investors Looking to Capitalize On the Distinctive Charm of Hoquiam.
BoR: Marianne Christian - Lic. WA #12244
BoR: Marianne Christian - Lic. WA #12244
Property Facts
Sale Type
Investment
Sale Condition
Sale & Leaseback
Property Type
Retail
Property Subtype
Building Size
1,568 SF
Building Class
C
Year Built
1971
Tenancy
Single
Number of Floors
1
Building FAR
1.00
Lot Size
0.04 AC
Zoning
Commercial
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Mobil
- Retailer
- 1,568 SF
- £5.74
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Mobil | Retailer | 1,568 SF | £5.74 | - |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £288,329 | |
| Land Assessment | £149,730 | Total Assessment | £438,059 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£149,730
Improvements Assessment
£288,329
Total Assessment
£438,059
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Bethel Mart - Hoquiam, WA | 2604 Simpson Ave
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