500 Vly Mall Pkwy Ste A, East Wenatchee, WA 98802-3812
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
2 · East Wenatchee, WAEast Wenatchee. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.