For Sale
$2,298,000

1750 Hudson StLongview, WA 98632

Prime Bank Building, Longview, WA. High Cap Rate.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a single-tenant, 3,531 square foot retail building located at 1750 Hudson Street, Longview, Washington, 98632. The property, built in 1998, sits on a 35,390 square foot lot and boasts 31 parking spaces. Currently 100% occupied by Key Bank under a NNN lease expiring July 31, 2028, with a 5-year extension option already exercised. This provides a remaining lease term of approximately 3.7 years. The property generates a strong net operating income (NOI) of $137,900, resulting in an attractive 6.00% capitalization rate. The building is zoned CC - Community Commercial and benefits from its location along a main arterial thoroughfare, close to Lower Columbia College, Triangle Shopping Center, and government offices, ensuring high traffic counts and excellent walkability. This is a rare opportunity to acquire a stable, income-producing asset with a long-standing tenant and significant upside potential. The property features one single-story building. The APN is 3021638. This is a turnkey investment perfect for adding to a diversified portfolio.

Highlights

  • Single-tenant, 3,531 SF retail building in Longview, WA.
  • NNN lease with Key Bank expiring July 31, 2028, with a 5-year option exercised (approx. 3.7 years remaining).
  • Strong NOI of $137,900 and a 6.00% cap rate.
  • Situated on a 35,390 SF lot with 31 parking spaces, zoned CC - Community Commercial.
  • Excellent location on a main thoroughfare near Lower Columbia College and Triangle Shopping Center.
  • APN 3021638.

Property Details for 1750 Hudson St

Property type
Retail properties, Banks
Square Feet
3,531 SF
Year Built
1998
Buildings
1
Stories
1

Location Insight

City
Longview
County
Cowlitz
State
Washington
Latitude
46.1379971
Longitude
-122.9406329
1750 Hudson St, Longview, Washington

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1750 Hudson St
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