1102 Springwater Ave
Wenatchee WA 98801

1102 Springwater Avenue

1102 Springwater Ave Wenatchee WA 98801

Listing #: 710638 | Status: Available | Last Modified: 4/22/2026 |

For Sale
Billy Sleeth
Kevin LeMond
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 4,870,000.0
  • $/SF$ 49.9
  • Listing StatusAvailable
  • Days on Market39
  • Asset ClassRetail
  • Terms
Investment Information
  • Investment Type
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Retail Asset Class Info
  • Crane Count
  • Crane Tonnage0
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Second Road Front
  • Grade Level Door Count
  • Tennant Improvement Allowance
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors1
  • # of Units
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF97509
  • Net Rentable Area97000
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF248728
  • Acres5.71
Property Type
  • Property TypeRetail
  • Office Type
  • Building Class
Location
  • CountyChelan
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaChelan County
  • Tax ID #232033493078
  • Additional Parcels
  • ZoningNWBD
Construction
  • Year Built1997
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction Type

Target at Valley North Center

Public Comments

FOR SALE: TARGET - $4.87M - $50/SF - LOW RENT - NNN - WENATCHEE, WA The only full-size Target within 150 miles, offered at $50/SF on an absolute NNN lease. Target exercised a new 5-year option extension through September 2031 with three additional options remaining. In-place rent of $2.43/SF/YR is significantly below market with upside at expiration. The property anchors Valley North Center, the #1 shopping center in a 50-mile radius and a top 10% performer nationwide with 3.5M annual visits. Highlights: • Absolute NNN • Fortune 50 credit, rated A/A2/A • Only full-size Target within 150 miles • New 5-year lease extension through September 2031 • 3 remaining options with 10% rent bumps each — cap rate grows to 6.64% by 2046 • Below-market rent at $2.43/SF • Fee simple land ownership, 5.71

Listing Images