Property Listings

Kidder Mathews is pleased to present the opportunity to acquire Columbia Park, a 100% occupied center featuring a balanced mix of medical office and retail tenants in rapidly growing Wenatchee, WA.

Priced well below replacement cost and located on 2.78 acres of land, this is a great opportunity for a savvy investor to increase NOI by converting the existing modified gross leases to NNN and potentially developing an additional building on the neighboring parking lot which is included in the sale.

Located in rapidly growing Wenatchee, WA which has seen their population has grown by 23%, since 2000, 60% faster than similarly sized cities. According to Costar.com – Wenatchee has under 2% vacancy rate.

• 100% occupancy with average rent of $20/SF on
• Modified Gross lease terms.
• $204/SF – well below replacement cost.
• Upside potential by converting over time existing modified gross leases to NNN
• Rare Opportunity - 1st time offered for sale since construction
• Wenatchee’s population has grown by 23% since 2000 and has an average household income over $90,000.
• Extremely Low Trade Area Vacancy - currently has under 2% per CoStar.com
• 3 Separate Parcels – Including a neighboring parking lot which may allow future development upside.