2214 Robbins St

Office: Medical/Dental
Pending

2214 Robbins St, LongviewWA 98632

Property Details

Location

Address
2214 Robbins St, LongviewWA 98632
County
Cowlitz
Submarket
CBA Cowlitz County
Parcels
105580200

Building Size

Building Size
8,000 SF
Rentable Space
8,000 SF

Building Details

Type
 Office: Medical/Dental  
 Pending
Number of Buildings
1
Occupancy Type
Multi-tenant
Percent Occupied
81.25%
Building Class
B
Building Status
Existing
Floors
1
Year Built
2006
Sprinklers
Parking Ratio

Land & Utilities

Land (Acres)
0.88 Acres
Land (SF)
38,333 SF
Zoning
Lot Depth
Lot Width

Contacts

Current Listings

2214 Robbins St

$2,700,000
Cap Rate: 6.3%

Woodforde CRE is thrilled to offer the opportunity to acquire land & building in an NNN leased, corporate guaranteed, Fresenius Medical Care investment property serving Cowlitz and Wahkiakum county. The tenant, has approximately 13 years remaining in their initial term with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features an annual 2.5% rental increase. The lease is guaranteed by Fresenius Medical Care Holdings, Inc. and is NNN with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. Fresenius Medical Care is the world’s leading provider of products and services for people with chronic kidney failure, caring for 346,000+ patients in their global network of more than 4,000 clinics. This location includes an additional 1,500SF tenant space for commercial use that includes a small kitchen space.

The subject property is strategically located along Ocean Beach Hwy in a rapidly growing PNW suburb just off the I-5. This southwestern city, Longview, home to over 100,000 residents, is ideally situated between Seattle, Washington, and Portland, Oregon.

Woodforde CRE is thrilled to offer the opportunity to acquire land & building in an NNN leased, corporate guaranteed, Fresenius Medical Care investment property serving Cowlitz and Wahkiakum county. The tenant, has approximately 13 years remaining in their initial term with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features an annual 2.5% rental increase. The lease is guaranteed by Fresenius Medical Care Holdings, Inc. and is NNN with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. Fresenius Medical Care is the world’s leading provider of products and services for people with chronic kidney failure, caring for 346,000+ patients in their global network of more than 4,000 clinics. This location includes an additional 1,500SF tenant space for commercial use that includes a small kitchen space.

The subject property is strategically located along Ocean Beach Hwy in a rapidly growing PNW suburb just off the I-5. This southwestern city, Longview, home to over 100,000 residents, is ideally situated between Seattle, Washington, and Portland, Oregon.

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2214 Robbins St Suite 110

1,500 SF $1,500 Monthly

•Good local tenant mix, suite attached to Fresenius Medical Care, Dialysis Clinic

•18,000+ SF retail strip center on main artery of West Longview

•Close proximity to many new housing developments

•Highly Visible and easily accessible.

•Small kitchen in place.

•Set-up for different uses; medical, office, retail, etc.

•Small kitchen in place.

•Good local tenant mix, suite attached to Fresenius Medical Care, Dialysis Clinic

•18,000+ SF retail strip center on main artery of West Longview

•Close proximity to many new housing developments

•Highly Visible and easily accessible.

•Small kitchen in place.

•Set-up for different uses; medical, office, retail, etc.

•Small kitchen in place.

View Details
View Details

Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

BROKER

Source: CBA

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