1020 Stratford RdMoses Lake, WA 98837
- Retail properties
- 91,908 SF
Property Details for 1020 Stratford Rd
- Year built
- 1992
- Lot size
- 6.82 AC
- Property size (Sq ft)
- 91,908 SF
- Property type
- Retail properties
- Property subtype
- Strip malls
- APN
- 90629003
- APU
- 90629003
Description
This exceptional retail opportunity is located in the thriving Moses Lake Town Center, a premier shopping destination in Grant County. The property boasts a total of 79,850 square feet of retail space, currently offering one immediately available unit of 16,000 contiguous square feet. This space is ideal for a variety of retail uses, benefiting from its prime location within the heart of Moses Lake's retail core. The center enjoys exceptional visibility and high foot traffic, driven by its strong anchor tenants. These include well-established national retailers such as Winco, Marshall's, JoAnn's, Sportsman's Warehouse, and Ulta, creating a synergistic environment that attracts a large and diverse customer base. The available space is easily accessible and offers ample parking for customers and employees. The minimum divisible space is 16,000 square feet, making it suitable for a significant retail operation seeking a prominent presence in this dynamic market. This is a rare chance to secure a space in a successful, established retail center with a proven track record of attracting shoppers and generating revenue. The property's strategic location and strong tenant mix make it an attractive investment for businesses seeking to establish or expand their presence in the Moses Lake area. The opportunity presents a unique chance to capitalize on the robust retail environment of Moses Lake Town Center.
Valuation
by PT Realty methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $27,529,874
- 6.5%
- $25,412,192
- 7%
- $23,597,034
-
Comparable approach
- Method
- Valuation
- Relative Method
- $49,381,176
- Geo Method
- $49,381,176
-
Alternative Use
- Use
- Valuation
- Residential
- $21,436,134
- Hospitality
- $19,635,384
- Educational
- $16,336,409
- Medical
- $16,898,242
- Retail
- $25,412,192
Location Insight
- City
- Moses Lake
- County
- Grant
- State
- Washington
- Latitude
- 47.1427
- Longitude
- -119.281
- CBSA code
- 34180
- CBSA name
- MOSES LAKE, WA MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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