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Aspen Dental NNN Property
For Sale
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511 Valley Mall Parkway Pad A, East Wenatchee, WA 98802

Medical facility within an enclosed mall anchored by Macy’s and Sportsman’s Warehouse.

Property SizeContact for details
Days on Market144

Property Features for 511 Valley Mall Parkway Pad A

General Information

Standard status Active
Property subtype Retail
Listing Agency: Newmark | Orange County - Irvine
Listed By: Matthew Berres · License #CA 01977909
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 4:25PM

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.

The offering includes the fee-simple interest in a single-tenant Aspen Dental property at Wenatchee Valley Mall in East Wenatchee, Washington. The asset operates under a net lease, with the initial term beginning in February 2018 and extending for ten years. Contractual rent increases of 8% occur every five years, followed by three additional five-year renewal options.

Wenatchee Valley Mall is an enclosed 360,000-square-foot shopping center anchored by Macy’s and Sportsman’s Warehouse. The property is located at 511 Valley Mall Parkway, Pad A, providing a defined setting within the mall’s tenant and anchor network. The lease structure, scheduled escalations, and renewal provisions establish the principal contractual features of this single-tenant medical property.

Key Highlights

  • Single‑tenant Aspen Dental property
  • Fee‑simple interest offered for sale
  • Net lease with a ten‑year primary term beginning February 2018

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick HVAC Service Law Firm Electrical Service Carpet & Flooring Store Locksmith (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

999
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 Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Medical facility within an enclosed mall anchored by Macy’s and Sportsman’s Warehouse.
Where is this nnn property located?
The property is located at 511 Valley Mall Parkway Pad A East Wenatchee, WA.
What are key features of this property?
This property features: Single‑tenant Aspen Dental property; Fee‑simple interest offered for sale; Net lease with a ten‑year primary term beginning February 2018
More about this property
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