Warrenton Highlands (Status: Available)

1629, Ensign Lane, Warrenton, OR  97146

Warrenton Highlands is a 100% leased institutional quality center located on Highway 101 at the same intersection as Costco, Walmart and Home
Depot. The center is anchored by Petco, Dollar Tree and Staples with 71% of the income coming from nationally recognized tenants. The year-1 cap
rate of 8% is extremely attractive producing an 11.2% cash/cash return, 14% return on equity, and $178 price/SF which is well below replacement
cost. Warrenton Highlands is located 90 miles west of Portland in the heart of the Oregon Coast’s northern retail hub catering to a large, high growth,
trade area.

Listing Details

Asset Class: Retail
Year Built: 2010
Building Total Square Feet: 44504
Available Lease Space Square Feet:
Number of Floors: 1
Total Parking Spaces: 0
Local Zoning Information:

CBA

Listing Courtesy of: Newmark Knight Frank Seattle

Disclaimer: The information contained in this listing has not been verified by Windermere Real Estate/Whatcom, Inc. DBA North Sound Commercial and should be verified by the buyer.

Location

What's Nearby?

Bank
Google Places API is currently unavailable.

You must specify a valid listing location, use street address in the listing title along with city, state & zip/postcode — if not use the optional latitude & longitude field.

  • Unfortunately, your request was denied, generally because of lack of an invalid key parameter.