Historical Retail Sale Listing - Rite Aid-Spanaway 5274

Retail For Sale

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Rite Aid-Spanaway 5274

15801 Pacific Ave., Tacoma, WA 98444

N/A

21,878 SF | Retail

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Retail Property - Off Market

Price:
N/A
Building Size:
21,878 SF
Property Type:
Retail
Property Sub-type:
Anchor
Property Use Type:
Net Lease Investment with
8 years left on lease
Commission Split:
2.5%
Cap Rate:
6.08%
Occupancy:
100%
No. Stories:
1
Tenancy:
Single
Year Built:
1984
Lot Size:
87,555 SF
Listing ID
15985020
Last Updated
over 1 year ago

Highlights

  • Leased thru 5/31/2016 with 10- 5year options at same rate
  • Absolute NNN Lease
  • No Landloard Responsibility

Description

Rite Aid investment property is for sale at below construction cost with 8 years left on lease, it is The Spanaway Village Shopping Center is a prime retail center located in fast-growing South Pierce County in an area of strong new home construction. This busy center is anchored by Safeway and Rite Aid (this property for sale), ACE hardware, Godfather's Pizza, Hallmark, Quiznos, H&R Block, Dinner's Ready, Starbucks Coffee, Taco Bell, and Hollywood Video. Tons of parking, good foot traffic, and easy access to the whole center.

Owner will consider reasonable offers.

A licensed Real Estate Agent.

From HWY 512 follow Pacific Ave S and continue pass Military Rd. Spanaway Village Shopping center is on the left hand side of the road accros from the Golf Course

Map of 15801 Pacific Ave., Tacoma, WA 98444 (Pierce County)

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