Two-building, retail strip center with seven tenants and one 4,200SF vacancy located across the street from Fred Meyer and less than ½ mile from the Market Street Interchange on Interstate 5 now for sale for the first time in 20 years. The exterior of the building was completely remodeled in 2019 to include new landscaping, façade and pylon signage.
The current income of the property provides an in-place capitalization rate of 6% with a proforma cap rate of 7.37% with a 5% vacancy allocation and the final suite leased at market rates.
