Retail Space in Shell
B-1631 W Rose St, Walla Walla, WA 99362
For Sale
Contact for pricing
Large-format suite supports a tailored buildout for retail, fitness, entertainment, or service-oriented operations.
Property Size13,020 SF
Price / SF$0.00
Days on Market180
Property Features for B-1631 W Rose St
General Information
Standard status
Size
Additional Details
Anchor Co-Tenants
Taxes and HOA fees
Annual Taxes
Listing Agency:
SVN Retter & Company
Listed By:
Rob Ellsworth · License ##17790
(509) 737-9429
Source:
Exprealty
Added: May 13
Changed: Oct 25
Last Checked: Nov 8 at 9:56AM
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 SVN Retter & Company
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Investment Insights
Based on property information with market context.
Located at B-1631 W Rose St within Walla Walla Town Center, this 13,020-square-foot retail suite is delivered in shell condition. The open starting point allows a future occupant to shape the interior around its operating requirements rather than adapt an existing layout.
The suite shares its building with Planet Fitness and is positioned among major retailers including Hobby Lobby, Old Navy, Marshalls, PetSmart, Sportsman’s Warehouse, Burlington, and Famous Footwear. The surrounding retail mix adds established co-tenancy to the property’s setting. The space is identified as suitable for retail, fitness, entertainment, and service-oriented uses.
The suite shares its building with Planet Fitness and is positioned among major retailers including Hobby Lobby, Old Navy, Marshalls, PetSmart, Sportsman’s Warehouse, Burlington, and Famous Footwear. The surrounding retail mix adds established co-tenancy to the property’s setting. The space is identified as suitable for retail, fitness, entertainment, and service-oriented uses.
Key Highlights
- 13,020‑square‑foot retail suite in shell condition
- Located within Walla Walla Town Center
- Shares building with Planet Fitness
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$191,744
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,834,880
$3.8M
Cap Rate 7%
$2,739,200
$2.7M
Cap Rate 9%
$2,130,489
$2.1M
Market Conditions
NOI Build-Up for 13,020 SF
Gross rent
$281.2K $21.60/SF
− Vacancy
−$7.3K −$0.56/SF
EGI
$273.9K $21.04/SF
− OpEx
−$82.2K −$6.31/SF
NOI
$191.7K $14.73/SF
Area
Walla Walla County, WA
Vacancy
2.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,834,880
Cap Rate 7%
$2,739,200
Cap Rate 9%
$2,130,489
Alternative Uses
Best Use
Retail
$2.74M
$2.40M – $3.20M
NOI $191,744 @ 7.0% cap · market cap 1,597,866.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.06M
$2.68M – $3.57M
NOI $214,486 @ 7.0% cap · market cap 1,787,383.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,894
Businesses Nearby
62k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 43%
Shops & Services 32%
Dining 14%
Hotels & Casinos 7%
Safeway
Groceries
26,877 visits/mo
0.2 miles
Circle K
Shops & Services
10,973 visits/mo
0.2 miles
Chase Bank
Shops & Services
4,514 visits/mo
0.2 miles
Pizza Hut
Dining
4,338 visits/mo
0.4 miles
Jimmy John's
Dining
4,327 visits/mo
0.5 miles
Demographics for 99362, WA
43,249
Population
18,022
Households
2.4
Avg Household Size
40
Median Age
31%
College-Educated
90%
High-School Grad
303.1 sq mi
ZIP Area
143
Density / Sq Mi
$70,660
Median Household Income
$37,236
Median Earnings
$1,148
Median Rent
$398,000
Median Home Value
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - Large-format suite supports a tailored buildout for retail, fitness, entertainment, or service-oriented operations.
Where is this retail space located?
The property is located at B-1631 W Rose St Walla Walla, WA.
What are key features of this property?
This property features: 13,020‑square‑foot retail suite in shell condition; Located within Walla Walla Town Center; Shares building with Planet Fitness
