Description
THIS OFFERING is for the opportunity to purchase a well-located multi-tenant retail building in the heart of downtown Toppenish at a below market price. While currently fully occupied, Papa Murphy's is relocating to a larger building, making the property ideal for an owner/user interested in occupying their approximately 1,184SF space and benefiting from passive income from the remaining leases.Rents are below market leaving future upside to capitalize on, as the average annualized rate is approximately $8.46/SF, modified gross, including Papa Murphy's, or approximately $6.91/SF attributable to the remaining spaces.
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0BEDS
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0.16ACRES
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0BATHS
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01/2 BATHS
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4,395SQFT
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$80$/SQFT
School Ratings & Info
Description
THIS OFFERING is for the opportunity to purchase a well-located multi-tenant retail building in the heart of downtown Toppenish at a below market price. While currently fully occupied, Papa Murphy's is relocating to a larger building, making the property ideal for an owner/user interested in occupying their approximately 1,184SF space and benefiting from passive income from the remaining leases.Rents are below market leaving future upside to capitalize on, as the average annualized rate is approximately $8.46/SF, modified gross, including Papa Murphy's, or approximately $6.91/SF attributable to the remaining spaces.
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