Seri Bryant

Associate

818.212.2655

"

The quality of your thinking determines the quality of your life. "

Danny Abergel

Senior Associate

CA BRE: 01797904

818.212.2715

"

Beware of the little expenses. A small leak can sink a great ship."

Rebekah Snyder

Senior Research Analyst

818.212.2731

"

Two things define you. Your patience when you have nothing, and your attitude when you have everything."

Jesica Ocheltree

Operations Manager

818.212.2730

"

Happiness is a choice, not a result. "

Jesica Ocheltree

Operations Manager

818.212.2730

"

Happiness is a choice, not a result. "

Kathy Magallanes

Certified Agent Support Specialist

"

Success is not in what you have, but who you are."

Andrea Tuch

Marketing Manager

818.212.2660

"

The highest form of wisdom is kindness."

Hunter Stratton

Associate

CA BRE:

818.212.2730

Hunter Stratton is the newest member of the NNN team. He started his career as an award-winning sales representative and sales manager for Southern Glazer’s Wine & Spirits. Where he represented some of the most prestigious brands in the industry like Dom Perigon, Jonnie Walker, and Don Julio. Due to Covid-19 he was forced to change careers and started working in residential real estate, working directly with one of the top agents in the Coachella Valley, California. Hunter’s natural ability to build trusting relationships, his motivation to succeed, and his innate customer service skills are an asset to brokerage.

When Hunter isn’t working you can find him at the golf course, fishing, or playing with his dog Harlow.

"

You must expect great things of yourself before you can do them. "

O'Reilly Auto Parts

708 W 1st Street, Wapato, WA 98951

Price:
$2,813,860
CAP Rate:
5.00%
NOI:
$140,693
Net Rentable Area:
7,150 SF
Lot Size:
0.73 Acres
Year Built:
2022
Status:
Under Contract

Download the Offering Memorandum for details about the tenant, lease, financials, and more.

Property Details

  • This passive investment opportunity offers a buyer a new 15 year modified NNN lease on 2021 prototype construction
  • Minimal landlord responsibilities of roof & structure, but being that it’s new 2022 construction it is virtually a NNN lease
  • The lease also calls for 6% rent escalations which hedges against inflation, and also offers four 5-year options
  • The site benefits from being directly off an exit to a major north-south route, US-97
  • New 2022 construction makes the lease virtually NNN
  • Located 150 miles south-east of downtown Seattle

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