1571 Rose St Walla Walla, WA 99362 – Hobby Lobby

1571, Rose St, Walla Walla, WA  99362

For Sale

Type
For Sale / Retail

Hobby Lobby (Status: Pending) 3455000

1571, Rose St, Walla Walla, WA  99362

To access OM – click attached link. Long Term 7+ Year Lease

Significantly Below Market Rent – Hobby Lobby is currently paying just $4.00/SF + NNN
with market rents achievable in the $10.00 – $12.00/SF + NNN range.

Strong Corporate Guarantee / National Tenant – The Lease is guaranteed by Hobby Lobby Stores Inc. the largest privately-owned crafts retailer in America, with annual revenue in excess of $5.3 billion.

Minimal Landlord Responsibilities

Recent Full Property Renovation The Property was fully renovated by Hobby Lobby in 2018 before moving into the space, including a brand new roof.

Limited Craft Store Competition.

Strong Retail Trade Area.

Essential Tenant.

Income Tax Free State. Tax iD #: 360730620005; 360730620023

Listing Details

Asset Class: Retail
Year Built: 1989
Building Total Square Feet: 47682
Available Lease Space Square Feet:
Number of Floors: 1
Total Parking Spaces: 0
Local Zoning Information:

CBA

Listing Courtesy of: Marcus & Millichap, Inc.

Disclaimer: The information contained in this listing has not been verified by Pacific Continental Realty, LLC and should be verified by the tenant or buyer.

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