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INVESTMENT HIGHLIGHTS
The Property is being offered as individual parcels or in any combination of pieces. Please contact Northmarq for more details.
Strong leasing momentum, including four recently executed leases and one lease currently being finalized, all of which are between $27-36 per square foot.
The Property is at a prominent location on a busy, daily-needs retail arterial located at the hard corner of N. Pearl Street and N. 26th Street, exposed to over 23,000 vehicles per day.
Planet Fitness, Big Lots, and the adjacent Safeway are shadow anchors and provide increased draw to the center.
Recent extensions include 10-year renewals with Shell and Comfort Dental; Shell is a corporate-backed lease on its own parcel and has occupied the Property for 30 years, and Comfort Dental will soon sit on its own parcel and has occupied the Property for over 10 years.
The Property is near Point Defiance Park and Point Defiance Zoo & Aquarium, which draws over 700,000 visitors per year.
