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Pasco Leased Retail Property 2799 W Lewis St

29,478 SF Retail Building Pasco, WA 99301 £1,758,099 (£60/SF) 6.52% Net Initial Yield

Executive Summary

This long time bowling alley has been repurposed as a retail liquidator that specializes reselling Amazon returns and over stock items. The tenant has strong history and a proven business model.
This C-3 zoning is the city of Pasco's most wide ranging commercial zone and allows for a multitude of uses.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
29,478 SF
Year Built
1958
Price
£1,758,099
Price Per SF
£60
Net Initial Yield
6.52%
NOI
£114,555
Tenancy
Single
Number of Floors
1
Building FAR
0.33
Lot Size
2.06 AC
Zoning
C-3 - The C-3 general business district is established to provide sites for more diversified business types, including nonretail commercial and business use
Parking
50 Spaces (1.7 Spaces per 1,000 SF Leased)
Frontage
200 ft on Lewis Street

Amenities

  • Air Conditioning

Nearby Major Retailers

Umpqua Bank
Albertsons
Dutch Bros
Banner Bank
Colortyme
Starbucks
Bank of Montreal
  • Listing ID: 31730094

  • Date on Market: 07/05/2024

  • Last Updated:

  • Address: 2799 W Lewis St, Pasco, WA 99301

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