O'Reilly Auto Parts NNN
For Sale
Contact for pricing
654 BASIN ST SW, Ephrata, WA 98823
Established automotive retail tenancy with a long operating history at the property.
Property Size5,500 SF
Price / SF$249.45
Days on Market100
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Property Features for 654 BASIN ST SW
General Information
Standard status
Active
Size
5,500 SF
Total Parking Spaces
18
Property subtype
Retail
Zoning
Commercial
Occupancy
100%
Lease Type
NN
Investment Type
Net Lease
Net Operating Income
$84,372
Building Details
Year Built
1953
Units
1
Tenancy
Single
Listing Agency:
Northmarq
Listed By:
Kevin Adatto · License #WA 85667
(503) 998-6572
Source:
Crexi
Added: Jul 8
Changed: Oct 7
Last Checked: Oct 14 at 10:31PM
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 Northmarq
Investment Insights
Based on property information with market context.
This 5,500-square-foot NNN property is occupied by O'Reilly Auto Parts and was built in 1953. The automotive retail use has a documented occupancy history exceeding 30 years.
Located at 654 Basin St SW in Ephrata, Washington, the property carries Commercial zoning and combines an established tenant presence with a long-standing retail building.
Located at 654 Basin St SW in Ephrata, Washington, the property carries Commercial zoning and combines an established tenant presence with a long-standing retail building.
Key Highlights
- O'Reilly Auto Parts occupies the property
- NNN lease structure
- 5,500‑square‑foot building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,896
Cap Rate
3.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$997,920
$997.9K
Cap Rate 7%
$712,800
$712.8K
Cap Rate 9%
$554,400
$554.4K
Market Conditions
NOI Build-Up for 5,500 SF
Gross rent
$79.2K $14.40/SF
− Vacancy
−$7.9K −$1.44/SF
EGI
$71.3K $12.96/SF
− OpEx
−$21.4K −$3.89/SF
NOI
$49.9K $9.07/SF
Area
Grant County, WA
Vacancy
10.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$997,920
Cap Rate 7%
$712,800
Cap Rate 9%
$554,400
Alternative Uses
Best Use
Retail
$712.8K
$623.7K – $831.6K
NOI $49,896 @ 7.0% cap · market cap 3.64%
Second Best
Industrial
$462.8K
$405.0K – $540.0K
NOI $32,398 @ 7.0% cap · market cap 2.36%
Theoretical Best
Office A
$1.19M
$1.05M – $1.39M
NOI $83,635 @ 7.0% cap · market cap 6.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
503
Businesses Nearby
95k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 53%
Groceries 25%
Shops & Services 17%
Home Improvements & Furnishings 4%
Safeway
Groceries
23,651 visits/mo
0.3 miles
McDonald's
Dining
20,216 visits/mo
0.2 miles
Burger King
Dining
10,794 visits/mo
0.5 miles
Starbucks
Dining
9,011 visits/mo
0.5 miles
SUBWAY
Dining
4,792 visits/mo
0.3 miles
Demographics for 98823, WA
12,393
Population
4,646
Households
2.7
Avg Household Size
35
Median Age
17%
College-Educated
90%
High-School Grad
298.2 sq mi
ZIP Area
42
Density / Sq Mi
$77,361
Median Household Income
$46,929
Median Earnings
$956
Median Rent
$256,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
NNN property - Established automotive retail tenancy with a long operating history at the property.
Where is this nnn property located?
The property is located at 654 BASIN ST SW Ephrata, WA.
What is the asking price?
The asking price for this property is $1,372,000.
What are key features of this property?
This property features: O'Reilly Auto Parts occupies the property; NNN lease structure; 5,500‑square‑foot building
