This Retail Property is Off-Market.

15801 Pacific Ave.
Tacoma, WA 98444 ·

21,878 SF · Retail For Sale

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Rite Aid-Spanaway 5274

Price N/A Cap Rate 6.08%
Building Size 21,878 SF Occupancy 100%
Property Type Retail No. Stories 1
Property Sub-type Anchor Tenancy Single
Property Use Type Net Lease Investment with 8 years left on lease Year Built 1984
Commission Split 2.5% Lot Size 87,555 SF
Listing ID: 15985020 Date Created: 11/12/2008 Last Updated: 04/21/2010

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

Highlights

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

Research

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

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