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NNN Flex Property with Riverfront Setting
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527 N Piere St, Wenatchee, WA 98801

Fully occupied commercial asset combining a freestanding building with multi-tenant flex space and retail-industrial tenancy.

Property SizeContact for details
Days on Market139

Property Features for 527 N Piere St

General Information

Standard status Active
Property subtype Retail
Occupancy 100%

Building Details

Buildings 2
Tenancy Multi
Listing Agency: Kidder Mathews Seattle
Listed By: Maggie Verger · License #WA 116408
Source: Crexi
Added: Apr 13 Changed: Aug 29 Last Checked: Aug 29 at 1:57PM

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 Kidder Mathews Seattle

Investment Insights

Based on property information with market context.

This fully occupied NNN property includes a freestanding building and a separate flex component occupied by three tenants. The tenant roster includes both retail and industrial users, providing a mixed commercial profile. Three of the four tenants operate under NNN lease structures with 3% annual rent escalations. More than 50% of the gross leasable area has remained with the same tenants since 2010.

The property is located at 527 N Piere St in Wenatchee, along the Wenatchee Riverfront. Surrounding development includes projects associated with the approved Wenatchee Riverfront Park Master Plan, 910 newly constructed and upcoming apartment units, and 191 recently completed hotel rooms.

Key Highlights

  • 100% occupied commercial property at 527 N Piere St, Wenatchee, WA 98801
  • One freestanding building plus a three‑tenant flex property
  • Mixed tenant profile includes retail and industrial users

Property Analytics

Current Use

Design Salt Inc. ... Big Box & Wholesale Store Riverhouse Cigar Bar (Bike/Boat/Book/etc) Store COCOON (Bike/Boat/Book/etc) Store Virginia Thomas Winery Brewery & Distillery

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Catering Service Butcher Locksmith Home Appliance 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.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,922
Businesses Nearby

Demographics for 98801, WA

44,970
Population
18,034
Households
2.5
Avg Household Size
39
Median Age
31%
College-Educated
85%
High-School Grad
153.6 sq mi
ZIP Area
293
Density / Sq Mi
$74,768
Median Household Income
$41,216
Median Earnings
$1,200
Median Rent
$429,700
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Fully occupied commercial asset combining a freestanding building with multi-tenant flex space and retail-industrial tenancy.
Where is this nnn property located?
The property is located at 527 N Piere St Wenatchee, WA.
What are key features of this property?
This property features: 100% occupied commercial property at 527 N Piere St, Wenatchee, WA 98801; One freestanding building plus a three‑tenant flex property; Mixed tenant profile includes retail and industrial users
(206) 600-8500 Call to check price and availability
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