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Property profile & analytics
FOR LEASE
Strip malls

1020 N Stratford Rd Moses Lake, WA 98837

91,908 SF 6.82 ac lot Built 1992
Entity Owned 20-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US90-3230740
1020 N Stratford Rd, Moses Lake, WA 98837 For Lease
Contact for pricing
1020 N Stratford Rd, Moses Lake, WA 98837
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Property summary
AI-generated overview

This exceptional retail opportunity is located in the thriving Moses Lake Town Center, a premier shopping destination in Grant County. The property boasts a total of 79,850 square feet of retail space, currently offering one immediately available unit of 16,000 contiguous square feet. This space is ideal for a variety of retail uses, benefiting from its prime location within the heart of Moses Lake's retail core. The center enjoys exceptional visibility and high foot traffic, driven by its strong anchor tenants. These include well-established national retailers such as Winco, Marshall's, JoAnn's, Sportsman's Warehouse, and Ulta, creating a synergistic environment that attracts a large and diverse customer base. The available space is easily accessible and offers ample parking for customers and employees. The minimum divisible space is 16,000 square feet, making it suitable for a significant retail operation seeking a prominent presence in this dynamic market. This is a rare chance to secure a space in a successful, established retail center with a proven track record of attracting shoppers and generating revenue. The property's strategic location and strong tenant mix make it an attractive investment for businesses seeking to establish or expand their presence in the Moses Lake area. The opportunity presents a unique chance to capitalize on the robust retail environment of Moses Lake Town Center.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1992
Total area 91,908 SF
Lot 6.82 ac (297,079 SF)
APN 90629003
UPID US90-3230740
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.53M
Owner & transaction history
Moses Lake 96000 Building LLC · 20 yrs held
Moses Lake 96000 Building LLC
since 2005
7 recorded transactions
2023
Price N/A
2016
Price N/A
2011
Price N/A
2008
Price N/A
2005
$2.1M
2004
$4.0M
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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