Listing Detail for MLS: 588134
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Courtesy: Windermere R.e./ Aberdeen
  • Price:

    • $239,000

  • Listing #:
    • 588134
  • Class:
    • For Sale
  • Type:
    • Retail,office
  • Apx. Acres:
    • 0.00
  • Lot Size:
    • 11326
  • Parking:
    • 7
  • Year Built:
    • 1967
  • Address:
    • 600 E Market
  • City:
  • County:
    • Grays Harbor
  • Area:
    • Grays Harbor
  • State:
    • WA
  • Zip:
    • 98520

Description

The property is leased to Consolidated Electrical Distributors, Inc. (CED), a nationwide network of sales and distribution warehouses. The Tenant has leased the building for many years, and recently entered into a 5-year lease extension expiring December 31, 2021. Tenant has an option to renew the lease for an additional 5-year term. Tenant pays all expenses other than building insurance and exterior maintenance. 7.0% cap rate. Lease has a CPI adjustment each January with max of 3%. Seller is in the process of installing new exterior personnel doors, and other upgrades.

Additional Downloadable Documents

CED Building - marketing circular Legal description - Exhibit A
  • Availability Status:
    • • Pending
  • Property Name:
    • • Ced Building - 600 E Market
  • Cap Rate:
    • • 7.00
  • Floors:
    • • 1
  • Building Total Square Feet:
    • • 8548
  • Zoning:
    • • General Commercial
  • Construction:
    • • Metal
    • • Steel
  • Uncovered Parking Spots:
    • • 7

For more information on this listing, please contact...