500 Valley Mall Pkwy East Wenatchee, WA 98802
- Strip malls
- 5,000 SF
- 0.50 lot acres
Current Use by Public Records
- Strip malls
Property Details for 500 Valley Mall Pkwy
- Year built
- 2000
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.50 lot acres
- Property size
- 5,000 SF
- Zone code
- 2
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 3700003003
- APU
- 3700003003
Description
The Parkway Associates Building, located at 500 Valley Mall Pkwy, East Wenatchee, WA 98802, presents a compelling investment opportunity in a prime retail location. This 5,080 square foot shopping center boasts a strong 6.00% capitalization rate, generating a Net Operating Income (NOI) of $140,452. The asking price is $2,340,780. The property benefits from its excellent corner location, providing high visibility and accessibility. A significant advantage is the shared parking field with a thriving Petco, ensuring ample parking for tenants and customers. Its strategic position directly across from the Wenatchee Valley Mall further enhances its desirability and potential for attracting a diverse clientele. This well-situated shopping center offers a stable income stream and significant growth potential within a bustling retail environment. The property is classified as a retail shopping center and is situated in Douglas County, Washington. Its coordinates are 47.4106513 latitude and -120.2907652 longitude. This is an exceptional opportunity for investors seeking a high-return, well-located retail property.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- East Wenatchee
- County
- Douglas
- State
- Washington
- Longitude
- -120.291
- Latitude
- 47.4107
- CBSA code
- 48300
- CBSA name
- WENATCHEE, WA METROPOLITAN STATISTICAL AREA
