646 Okoma Drive, Omak, WA 98841

$3,125,000

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Listing courtesy of COMPASS.

List Price
$3,125,000
Status
ACTIVE
MLS#
2503742
Days on Market
371

Property Description

PROPERTY PORTFOLIO COMPRISED OF MEDICAL AND PROFESSIONAL SERVICE TENANTS - FUTURE LEASING UPSIDE. This is a rare opportunity to purchase a three property portfolio located in Omak, WA. Currently 100% leased with a healthy variety of office, medical, and professional tenants, there is future upside potential with scheduled annual increases, staggered lease expiration dates and possibilities to convert future leases from gross leases to NNN. Roof replacements and/or repairs have been completed and buildings have been nicely maintained through professional management. These three properties are located on the main highway in Omak, with high traffic counts and multiple ingress/egress points and plenty of parking.

Additional Information

Community
Omak
Style
61 - Comm Bldg Ovr 10K
Year Built
2000
Roof
Composition, Metal
Potential Terms
Cash, Conventional
Driving Directions
Take i-90 E, US97 N, US2E and US-97N to Old Hwy 97 in Brewster. Follow Old Hwy 97 to US-97 N, Turn L onto US 97N, Take WA-215 to destination.
Cap Rate
271120
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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