153 Easy St
Wenatchee, WA 98801
Shell Gas Station · Retail Property For Sale

Marcus & Millichap is pleased to present the Shell Gas Station & Convenience Store located at 153 Easy Street in Wenatchee, Washington. This is an opportunity for an investor to acquire a single tenant, free standing asset on an Absolute Net lease. The property is roughly 2,729 square feet and is situated on approximately .80 acres of land. The property is subject to a 21 year NNN lease, with 9.5 years remaining on the initial lease. The annual rent will be $188,940. The rent is scheduled to increase by two and one half percent annually each year, including through the four, ten-year tenant renewal options. Wenatchee is the largest city in Chelan County, located in the North-Central part of Washington State. You' ll find the city of Wenatchee at the crossroads of the Columbia and Wenatchee Rivers, tucked away in a rugged valley full of natural and manmade wonders. The current population is roughly 31,925. The city is known to many as the "Apple Capital of the World" due to its numerous orchards, fruit stands and famous annual Apple Blossom Festival. With the snow-capped Cascades to the west and the mighty Columbia to the east, the Wenatchee area has become a favorite for outdoor enthusiasts. In the same day you can: water ski the Columbia River and ski Mission Ridge; whitewater raft the Wenatchee River, take a mountain bike ride through the Sage Hills and enjoy a few rounds of golf; this beautiful environment has served the area well in attracting business professionals, families and retirees.