KeyBank 1750 Hudson St 3,531 SF Retail Building Longview, WA 98632 $2,298,000 ($650.81/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Tenant Operated Location for 24-Years!
- 6% CAP Rate!
- Prime Location!
EXECUTIVE SUMMARY
Rare opportunity to own this prized property occupied by the original tenant, Key Bank, located in Longview, WA. The tenant recently exercised a 5-year lease extension after having operated at this location for over 24 years! This property is located along Hudson Street & Washington Way, a main arterial thorough in Longview. Positioned blocks away from Lower Columbia College, Triangle Shopping Center and government offices gives this site good traffic counts & excellent walk scores. Offered at 6% CAP rate, making this an excellent addition to your portfolio. Call today for additional details.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
3,531 SF
Building Class
B
Year Built
1998
Price
$2,298,000
Price Per SF
$650.81
Cap Rate
6%
NOI
$137,900
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.82 AC
Zoning
CC - Community Commercial
Parking
8.78 Spaces per 1,000 SF Leased
AMENITIES
- Banking
- Security System
- Signage
- Drive Thru
- Wheelchair Accessible
- Air Conditioning
Walk Score®
Walker's Paradise (92)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0-17140100 | Improvements Assessment | $927,270 |
| Land Assessment | $283,130 | Total Assessment | $1,210,400 |
