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Little Caesars 1419 Commercial Ave

15,323 SF 90% Leased Retail Building Anacortes, WA 98221 $4,000,000 ($261/SF) 5.54% Cap Rate

Investment Highlights

  • High Traffic on main commercial corridor
  • Great tenant mix, and room to increase rents
  • Anacortes landmark building

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
15,323 SF
Building Class
C
Year Built
1980
Price
$4,000,000
Price Per SF
$261
Cap Rate
5.54%
NOI
$221,531
Percent Leased
90%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.46
Land Acres
0.76 AC
Zoning
Commercial - Commercial Zoning
Parking
38 Spaces (2.48 Spaces per 1,000 SF Leased)
Frontage
255 FT on Commercial Ave

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,500 SF
  • Retail
  • -
  • Now

High vis corner space in one of Anacortes' most recognizable buildings. Situated on Commercial Ave between McDonalds and Rite Aid this is the busiest commercial activity area in Anacortes'.

Space Size Space Use Position Available
1st Floor 1,500 SF Retail - Now

1st Floor

Size
1,500 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 1,500 SF
Space Use Retail
Position -
Available Now

High vis corner space in one of Anacortes' most recognizable buildings. Situated on Commercial Ave between McDonalds and Rite Aid this is the busiest commercial activity area in Anacortes'.

Walk Score ®
Very Walkable (82)
Bike Score ®
Biker's Paradise (96)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Banner Bank
Starbucks
WaFd Bank
U.S. Bank
Anthony's At Cap Sante Boat
Heritage Bank
Bank of America
MOD Pizza
KeyBank
Thrive Community Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
P32927
Land Assessment
$821,000
Improvements Assessment
$1,596,000
Total Assessment
$2,417,000
  • Listing ID: 32751970

  • Date on Market: 8/9/2024

  • Last Updated:

  • Address: 1419 Commercial Ave, Anacortes, WA 98221

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