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Leased Bank Outparcel Asset
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337 Valley Mall Parkway, East Wenatchee, WA 98802

Fee-simple interest in a Wells Fargo bank leased on an absolute-net basis with more than 15 years remaining.

Property SizeContact for details
Days on Market122

Property Features for 337 Valley Mall Parkway

General Information

Standard status Active
Property subtype Retail, Land

Building Details

Tenancy Single
Listing Agency: Newmark | Orange County - Irvine
Listed By: Matthew Berres · License #CA 01977909
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 5:08PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newmark | Orange County - Irvine

Investment Insights

Based on property information with market context.

JLL presents for sale a fee-simple interest in a Wells Fargo Bank asset located in East Wenatchee, Washington. The property is leased on an absolute-net basis to Wells Fargo, with over 15 years of contractual term remaining.

The asset is described as an outparcel to the Wenatchee Valley Mall and benefits from proximate commercial activity and traffic counts within the market’s prime retail corridor.

The lease features attractive 15% rent increases every five years.

Key Highlights

  • Fee‑simple interest in a Wells Fargo Bank in East Wenatchee, WA
  • Leased on an absolute‑net basis to Wells Fargo
  • More than 15 years of contractual lease term remaining

Property Analytics

Current Use

Banks

Suggested Use

Top Pick HVAC Service Electrical Service Law Firm Real Estate Agency Carpet & Flooring Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

985
Businesses Nearby

Demographics for 98802, WA

32,378
Population
12,516
Households
2.6
Avg Household Size
39
Median Age
24%
College-Educated
86%
High-School Grad
180.3 sq mi
ZIP Area
180
Density / Sq Mi
$88,228
Median Household Income
$42,275
Median Earnings
$1,361
Median Rent
$431,900
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Bank - Fee-simple interest in a Wells Fargo bank leased on an absolute-net basis with more than 15 years remaining.
Where is this bank located?
The property is located at 337 Valley Mall Parkway East Wenatchee, WA.
What are key features of this property?
This property features: Fee‑simple interest in a Wells Fargo Bank in East Wenatchee, WA; Leased on an absolute‑net basis to Wells Fargo; More than 15 years of contractual lease term remaining
More about this property
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