Dealership

KarMart Portfolio
5 Dealerships Located Along Interstate-5

Four automobile dealerships located in Burlington and one RV dealership located in Mount Vernon.  All of the properties have Interstate-5 frontage and visibility and good freeway access near freeway interchanges.  Retail Value of each dealership is addressed, as well as Bulk Value of the portfolio.

Burlington &
Mt. Vernon

Burlington Automall

54,162 sf GBA

19.5 acre total site area includes excess land

For Key Bank

Moses Lake

Growing east
interchange area

10,152 sf

1.8 acre site

For JP Morgan Chase

Ponderosa Nissan
Dealership Located Along SR-17

Automotive dealership located near a freeway interchange in Moses Lake.  The building is of steel frame and masonry construction, and was completed in December 2006.  Appraised using all three approaches to valuation.

Renton Motorcycles
& Downtown Harley Davidson

Property is operating as Renton Motorcycles, which includes sales, service, and a café.  The south end of the existing building was recently renovated, including service center build-out and storage mezzanine space build-out.  These renovations are complete.  The new Harley Davidson facility is nearing construction completion.

Existing RMC Building:

159,634 sf

Under Construction Harley Building:

40,896 sf

Appraised As Is and At Completion for Key Bank