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,
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:
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.
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