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Property profile & analytics
FOR LEASE
Retail space

760 Ocean Beach Hwy Longview, WA 98632

138,715 SF 7.43 ac lot Built 1990
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US90-0620842
Property summary
AI-generated overview

This exceptional retail opportunity presents 138,715 square feet of prime commercial space within a three-building, single-story strip center located at 760 Ocean Beach Hwy, Longview, WA 98632. The property, situated on a substantial 323,651 square foot lot, boasts a highly visible location with excellent access and ample parking. Built in 1990, the center features a mix of national and regional tenants, creating a strong anchor for potential new businesses. Currently, 16,921 square feet of space is available, with individual units ranging from approximately 1,800 to 6,450 square feet. These versatile spaces offer open floor plans, high ceilings, and abundant natural light, making them ideal for a variety of retail uses. The property benefits from a high volume of daily traffic, approximately 45,000 vehicles per day, and offers excellent signage opportunities. Tenant improvement allowances may be available for qualified tenants. The property's address is further identified by its cross street, 8th Ave, and its Assessor's Parcel Number (APN) is 053600075. This is a rare chance to secure space in one of Longview's most established and successful shopping centers.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1990
Total area 138,715 SF
Lot 7.43 ac (323,651 SF)
APN 53600075
UPID US90-0620842
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
Current use
Occupant on record · Public records
  • Kyoto Japanese Steakhouse And Sushi Restaurant
  • NW Staffing Resources - Longview Branch Employment Agency
  • Freeway Insurance Insurance Agency
  • pro nails longview, wa Nail Salon
  • Twin City Shopping Center strip mall Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.57M
Blend (final) Blend
$4.77M
Owner & transaction history
A I Longview LLC · 4 yrs held
A I Longview LLC
since 2022
4 recorded transactions
2022
Price N/A
2016
Price N/A
2009
Price N/A
1999
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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