Owner User Retail/Office Property | 31650 State Route 20
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Owner User Retail/Office Property 31650 State Route 20
3,663 SF 100% Leased Retail Building Oak Harbor, WA 98277 $875,000 ($239/SF) 5.52% Cap Rate
Executive Summary
Well located investment or owner user retail/office property situated along main arterial State Route 20 in growing Oak Harbor. This highly visible property presents tasteful landscaping, excellent signage points and has no deferred maintenance.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,663 SF
Year Built/Renovated
1979/2004
Price
$875,000
Price Per SF
$239
Cap Rate
5.52%
NOI
$48,343
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
0.37 AC
Opportunity Zone
Yes
Parking
29 Spaces (5.46 Spaces per 1,000 SF Leased)
Frontage
96 FT on State Route 20
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Century 21 Real Estate
- Real Estate
- -
- -
- Aug 2023
- Leavitt Group Northwest
- Finance and Insurance
- -
- -
- -
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
Century 21 Real Estate | Real Estate | - | - | Aug 2023 | ||
Leavitt Group Northwest | Finance and Insurance | - | - | - |
Walk Score ®
Very Walkable (74)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | S6575-01-0000B-1 | Improvements Assessment | $463,052 |
Land Assessment | $322,344 | Total Assessment | $785,396 |
PROPERTY TAXES
Parcel Number
S6575-01-0000B-1
Land Assessment
$322,344
Improvements Assessment
$463,052
Total Assessment
$785,396
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Owner User Retail/Office Property | 31650 State Route 20
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