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Buckley Commercial Building & Yard

Buckley Commercial Building & Yard

$2,300,000.00Price

28515 State Route 410, Buckley, WA 98321

Rentable Bldg Area:  10,512 SF

Land Area: 99,317 SF

Proforma Cap Rate: 7.78%

 

 

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  • Investment Highlights

    Newer construction warehouse property with frontage on SR-410


    Excellent Owner-User or Investment Opportunity


    Oversized lot creates opportunity for additional income and future
    development


    High barrier to entry for similar product


    Existing I-502 Business also available Contact Brokers for more information

    Attractive basis below replacement cost

     

  • Investment Overview

    The Vara Group is pleased to present the sale offering for this well positioned commercial property located at 28515 SR 410, in Buckley, WA. Built in 2018, there are two structures that total 10,512 square feet. The property is situated on a 2.28-acre parcel, allowing for a variety of value-add strategies that an investor or owneroccupant could enjoy, including ancillary outdoor storage space, leasing yard space for additional income, or full-scale development of another building. Ownership had approval at one time to construct another 20,000 sf building. The offering provides the opportunity for an owner-occupant to acquire a recently constructed and well-maintained industrial building with potential for growth on-site in the rapidly growing Bonney Lake market. An investor will enjoy the ease of lease-up as the property would lend itself to a variety of commercial uses, including light
    industrial, service and retail.


    Not included in the offering price is the unique opportunity to acquire an established cannabis grow business along with the real estate; please contact the listing team for more information.