698 Ocean Shores Blvd NW | Ocean Shores, WA 98569
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This Retail Property is no longer advertised on LoopNet.co.uk.
698 Ocean Shores Blvd NW
Ocean Shores, WA 98569
Driftwood Plaza · Retail Property For Sale
Investment Highlights
- EXCELLENT RETAIL LOCATION situated in the heart of Ocean Shores’ main retail corridor. The property at the main entrance to Ocean Shores Beach and is
- IN-PLACE LEASES have annual rent increases of 2.5%, ensuring steady and predictable cash flow.
- 1ST TIME on market in 20 years and priced well below replacement cost
- LOCATED in an Opportunity Zone Investment Area.
- POTENTIAL to increase NOI $30k by converting tenants to NNN leases
- ABUNDANCE of rare on-site parking and features an end cap drive thru.
PROPERTY FACTS
Property Type
Retail
Building Size
15,306 SF
Building Class
C
Year Built
1989
Tenancy
Multiple
Number of Floors
1
Building FAR
0.38
Lot Size
0.92 AC
PROPERTY TAXES
Parcel Number | 090101200200 | Improvements Assessment | £1,166,339 |
Land Assessment | £240,249 | Total Assessment | £1,406,588 |
PROPERTY TAXES
Parcel Number
090101200200
Land Assessment
£240,249
Improvements Assessment
£1,166,339
Total Assessment
£1,406,588
Listing ID: 28291662
Date on Market: 21/04/2023
Last Updated:
Address: 698 Ocean Shores Blvd NW, Ocean Shores, WA 98569
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