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Sunset Town Place 632 Sunset Park Dr

12,204 SF 100% Leased Retail Building Sedro Woolley, WA 98284 £1,560,270 (£128/SF) 7.37% Net Initial Yield

Investment Highlights

  • Occupied and surrounded by well established businesses
  • Shared parking lot and high traffic area

Executive Summary

The commercial property consists of several businesses, including a well-established fitness center, and presents a promising investment opportunity. The parking lot is also shared with another building with a variety of different businesses. The property is located in a highly visible and easily accessible area with significant vehicle traffic.The fitness center is equipped with modern facilities, offering various workout equipment, fitness classes, and personal training services, making it a popular destination for fitness enthusiasts. The fitness center also has a strong reputation in the community with a loyal customer base, ensuring a steady flow of revenue. The diversity of the other businesses present within the property and their potential for profitability make it an attractive investment option for those seeking to invest in commercial properties.

Attachments

Brochure

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,204 SF
Building Class
B
Year Built
2001
Price
£1,560,270
Price Per SF
£128
Net Initial Yield
7.37%
NOI
£114,992
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.37
Land Acres
0.75 AC
Zoning
General Retail, Skagit
Parking
42 Spaces (3.44 Spaces per 1,000 SF Leased)
Frontage
110 ft on Sunset Park Dr

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
P105306
Land Assessment
£259,992
Improvements Assessment
£880,308
Total Assessment
£1,140,300
  • Listing ID: 29679333

  • Date on Market: 02/10/2023

  • Last Updated:

  • Address: 632 Sunset Park Dr, Sedro Woolley, WA 98284

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