LEASABLE SQ FT
421 NE Stadium Way, Pullman , WA 99163
Stadium Way Retail Center
The Offering provides the opportunity to acquire a 22K SF retail center in Pullman, WA, located near the intersection of NE Stadium Way & N Grand Ave at a 6.00% Cap Rate on In-Place Income. The property is 46% leased with a diverse and seasonal mix of national & local retailers, including Little Caesars, SuperCuts, Summit Therapy (Pullman Regional Hospital), and Red Bento. Current vacancies and below market rents provide an investor upside over time to increase yield. The retail center is strategically located near Dissmore’s IGA grocery store and less than one mile from the Washington State University campus. Stadium Way Retail Center provides fortuity to purchase a multi-tenant retail center at far below replacement cost with concurrent benefit that accompanies lease up of vacant suites and moving low legacy rents to market.
Managing Partner (Commercial)View Profile
Kevin Adattoview profile