422 S Main St
Deer Park, WA
Price:
$2,370,500
Cap Rate:
5.00%
NOI:
$118,529
Building Size:
Approx. 7,000 Sq. Ft.
Lot Size:
Approx. 0.637 Acres
Type:
Single-Tenant / Retail
Sub Category:
Automotive Parts
Year Built:
2021
Investment Overview
- 2021 Construction. 7,000+/- SF Building on 0.637+/- Acre Site
- 15 Year Corporate Net Lease w/ Rent Increases in Primary and Renewal Options
- Strategically Located Along S Main St. Near Taco Bell, Pizza Hut, Dollar Tree, McDonald’s
- Subject Property is Adjacent to Deer Park High School and Deer Park Middle School
- Minimal Landlord Responsibilities With a New 25 Year Roof Warranty
- Deer Park | 22 Miles North of Spokane | $72K Avg. HH Income Within 5 Miles