Address Map
US
Washington
Grant
Moses Lake
98837
Pilgrim St
1651
W120° 44' 21.4''
N47° 6' 37''
Additional Information
Clayton Brown
30045
974500
32,800 Sqft
142,006 Sqft
1651 Pilgrim Street
Grant County
1
98101
WA
Seattle
401 Union Street, 32nd fl
Property Description

Marcus & Millichap’s Brown Retail Group has been selected to exclusively market for sale the Department of Social & Health Services (DSHS) facility located in the rapidly growing Moses Lake, Washington, sub-market. This Property was a build-to-suit location for DSHS, situated on a spacious 3.26-acre lot with ample parking (roughly 185 parking stalls). Prior to closing, the Seller will be completing renovations throughout the entire property including: parking lot, landscaping, HVAC maintenance, and lighting throughout the facility. DSHS recently renewed their lease for an additional five years, with a notable 17.5% rental increase over the previous term. The lease is guaranteed by the State of Washington, which has a Fitch rating of AA+. Moses Lake currently boasts a low 2.3% vacancy rate,

For Sale

1651 Pilgrim St, Moses Lake, Washington 98837

  • Square Footage: 32,800 Sqft
$8,500,000
Listing ID#691264
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Basic Details
Property Type : Office
Listing Type : For Sale
Listing ID : 691264
Price : $8,500,000
Square Footage : 32,800 Sqft
Year Built : 2015
Status : Active
Office Name : Marcus & Millichap, Inc.
Property Sub Type : Office, Specialty
BROKER INFO
Rene Orona
BROKER OF REAL ESTATE
BROKER OF REAL ESTATE
3380 146th PL SE Suite 300
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Marcus & Millichap, Inc.