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Commercial Land Lease Opportunity
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19843 Old Hwy 99 SW, Rochester, WA 98579

Ground lease opportunity in a fast-growing retail area.

Space SizeContact for details
Lot Size12.83 Acres
Days on Market1446

Property Features for 19843 Old Hwy 99 SW

General Information

Standard status Active
Lot size 12.83 Acres
Property subtype LAND
Lease Type NNN

Spaces For Lease

at 19843 Old Hwy 99 SW
Ground Lease Available Near Center of Grand Mound Retail Corridor AVAILABLE, Now
Type LAND
Lease Type NNN
First time hitting the market in a very long time, this is your opportunity to secure a long term ground lease for one of the fastest-growing retail areas along the I-5 corridor between Portland & Seattle. "Arterial Commercial" zoning allows for a wide variety of uses. Ground Leasing is a great way to bring much needed commercial space to market quickly and affordably! Join McDonalds, DQ, Jack in the Box, Starbucks, Shell, AM/PM at the exit to the Great Wolf Lodge. 69,000 VPD on I-5 and 24,000 VPD on Old Hwy 99. Landlord is willing to lease between 0.5 acres and 12.83 acres.
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Listing Agency: Coldwell Banker Commercial Danforth
Listed By: Bob Fredrickson, CCIM · License #8077
Source: Moodyscre
Added: Nov 1, 2022 Changed: Oct 3 Last Checked: Oct 16 at 11:41AM

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 Coldwell Banker Commercial Danforth

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Investment Insights

Based on property information with market context.

This commercial land is available for ground lease, representing its first time on the market in a significant period. Located along the I-5 corridor between Portland and Seattle, the property is situated in a rapidly expanding retail area. The landlord is offering lease options ranging from 0.5 acres to the total 12.83 acres. The "Arterial Commercial" zoning permits a diverse range of uses. Ground leasing presents an efficient and cost-effective method for introducing commercial space to the market.

Key Highlights

  • Prime location along the I‑5 corridor between Portland & Seattle, a rapidly growing retail area.
  • Flexible ground lease opportunity, allowing for affordable and quick commercial space development.
  • Substantial acreage available, ranging from 0.5 to 12.83 acres.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Dental Office Hair Salon Parking Lot & Garage Auto Parts Store Spa & Massage Center Law Firm

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

146
Businesses Nearby

Demographics for 98579, WA

13,648
Population
5,005
Households
2.7
Avg Household Size
42
Median Age
19%
College-Educated
92%
High-School Grad
94.2 sq mi
ZIP Area
145
Density / Sq Mi
$94,284
Median Household Income
$47,834
Median Earnings
$1,222
Median Rent
$405,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Ground lease opportunity in a fast-growing retail area.
Where is this commercial land located?
The property is located at 19843 Old Hwy 99 SW Rochester, WA.
What are key features of this property?
This property features: Prime location along the I‑5 corridor between Portland & Seattle, a rapidly growing retail area.; Flexible ground lease opportunity, allowing for affordable and quick commercial space development.; Substantial acreage available, ranging from 0.5 to 12.83 acres.
(206) 595-7232 Call to check price and availability
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