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Property profile

911 Stratford Rd Moses Lake, WA 98837

OFF-MARKET
Strip malls
Property ID
US90-1840731
48,816 SF 3.73 ac lot Built 1988
Entity Owned 8-yr Hold ~ Est. High Equity

Property summary

AI-generated overview

This exceptional retail center in Moses Lake, Washington, offers a prime opportunity for a new tenant. Located at 911 N Stratford Rd, 98837, in Grant County, this property boasts a highly visible location within a thriving retail environment. Currently, the center houses a diverse mix of established businesses including Mattress Firm, Little Caesars, AT&T, Sumo Japanese Restaurant, Petco, Famous Footwear, and Ross. This ensures a consistent flow of foot traffic and a strong sense of community. The available space totals approximately 1,230 square feet, previously occupied by The Perfect Look. This versatile space is ideal for a variety of retail uses and is available for lease at a rate of $28.00 per square foot, plus NNN charges. The property is classified as a multi-tenant retail center, offering excellent visibility and accessibility. The location's coordinates are 47.1405576 latitude and -119.2776372 longitude. This is a rare chance to establish a business in a well-established and successful retail center in a growing community. Don't miss this opportunity to secure a prominent location in a high-traffic area. Inquire today to learn more about this exceptional retail space.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1988
Total area 48,816 SF
Lot 3.73 ac (162,479 SF)
APN 91427325
UPID US90-1840731

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$1.47M

Owner & transaction history

since 2018
7 recorded transactions
2018
Price N/A
2013
Price N/A
2012
Price N/A
2012
$2.5M
2012
Price N/A
2004
Price N/A
2004
Price N/A

Zoning & alternative use

Top alternative use upside
Warehouse, storage $2.4M +24.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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