Pullman Multi-Tenant NNN Investment Property

For Sale

5602 WA-270, Pullman, WA 99163

This Pullman property for sale is located at 5602 WA-270. The current listed sale price for Pullman Multi-Tenant NNN Investment Property is $595,000. Pullman Multi-Tenant NNN Investment Property is situated on a lot that is 3.13 acre in size.

Contacts

broker
Cayden Kerr

SVN | Cornerstone

Property Details

  • Property Type Retail - Street Retail
  • Property Size 3,138 SF
  • Lot Size 3.13 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1986
  • Date Updated Jul 21, 2025
Strategically positioned along the highly trafficked Moscow-Pullman Highway, this property benefits from exceptional visibility and convenient access to both Pullman, WA and Moscow, ID—home to Washington State University and the University of Idaho. With over 40,000 students between the two college towns, the area supports a strong and growing demand for retail and cannabis-related businesses. Located just minutes from the Moscow-Pullman Regional Airport, the site is surrounded by a mix of local retailers, agriculture-based businesses, and established cannabis operators. Its proximity to two state borders offers unique access to cross-market traffic, while the rural commercial setting provides a rare opportunity for cannabis-related use in a well-regulated and business-friendly zone.This is a rare opportunity to acquire a fully leased, cannabis-zoned NNN investment along the highly visible Moscow-Pullman Highway—one of the only commercially zoned corridors between two major universities: Washington State University and the University of Idaho. Cannabis-zoned properties in this region are extremely limited, and this 3.13-acre site comes with two stabilized tenants: a dispensary on a new 5-year lease with 5% annual increases, and a grow operation paying consistent rent. Both tenants have been in place since 2016. With minimal landlord responsibilities, built-in rent growth, and a cap rate approaching 9%, this is a hard-to-find asset in a tightly regulated industry and a location that benefits from strong student, local, and commuter traffic.
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Highlights

  • ABSOLUTE NNN—FULLY PASSIVE, HANDS-OFF INVESTMENT
  • ADDITIONAL INCOME POTENTIAL WITH AN EXISTING UNUSED STRUCTURE READY FOR REDEVELOPMENT
  • ANNUAL 5% RENT INCREASES
  • CURRENT LEASE THROUGH DECEMBER 31, 2030, WITH A 5-YEAR RENEWAL OPTION
  • MULTI-TENANT PROPERTY: RETAIL STOREFRONT + CANNABIS GROW OPERATION
  • NEWER ROOF AND WELL-MAINTAINED INFRASTRUCTURE

Getting around

  • 7/100

    Walk Score ®

  • 38/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Pullman, WA
  • Zip Code 99163

Points of Interest

  • Chevron Station #356447

    2.01 miles

  • ChargePoint

    2.21 miles

  • Tesoro

    2.56 miles

  • Safeway Fuel Station

    2.71 miles

  • Texaco

    2.94 miles

  • Yellow 5

    0.89 miles

  • Red1

    1.07 miles

  • Red 3

    1.16 miles

  • Red 1

    1.25 miles

  • Blue 1

    1.37 miles

  • Yellow 4

    1.47 miles

  • Yellow 1

    1.50 miles

  • Green 1

    1.57 miles

  • Reunion

    1.88 miles

  • Gridiron

    1.88 miles

  • Freshëns

    1.90 miles

  • Carlita's

    1.90 miles

  • Subway

    1.90 miles

  • Yia Yia Nikki’s

    1.90 miles

  • Panda Express

    1.90 miles

  • Azia

    1.91 miles

  • Birch & Barley

    1.99 miles

  • Northside Cafe

    1.99 miles

  • Wu's Corner Market

    2.32 miles

  • Rosauers

    2.58 miles

  • Walmart Supercenter

    2.69 miles

  • Safeway

    2.72 miles

  • Grocery Outlet

    2.78 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Cayden Kerr

SVN | Cornerstone

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