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1300 N Miller StWenatchee, WA 98801
Valley North Center
Asset ClassRetail
overview of deal

Overview

Valley North is the dominant shopping center – both in its immediate trade area and regional trade area. The Center is the #1 performing shopping center in a 50-mile radius and is a top 10% shopping center in the state and country for total visits (Placer.Ai). Valley North benefits from high occupancy (99%), below market anchor rents, 3.73 WALT, high-performing tenants, and strong tenant demand and leasing activity. The offering provides a stable, high-quality investment with rental upside at extremely attractive returns.

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Investment Highlights

  • Target/WinCo/Albertsons Shadow-Anchored
  • Regional Draw - 3.5M Annual Visits
  • Below Market Anchor Rents
  • Strong Leasing Demand
  • Dominant Location
  • 3.73 Years of WALT
  • Excellent Tenant Line-Up - 100% National Tenants

OFFERING DETAILS

Terms of the Offering
Purchase Price
Best Offer
Year-1 NOI
$1,696,408
Building Area
184,429 SF
Land Area
21.74 Acres
Occupancy
99%
Debt
Offered Free & Clear
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1300 N Miller StWenatchee, WA 98801

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Listing provided by Revere CRE