This property is Off-Market
33012 Pacific Hwy S
Federal Way, WA 98003 ·
8,970 SF · Retail For Sale
Cash America Pawn
|Building Size||8,970 SF||No. Stories||1|
|Property Sub-type||Free Standing Bldg||Year Built||2000|
|Property Use Type||Net Lease Investment with 8 years left on lease||Lot Size||30,240 SF|
|Listing ID: 17913901||Date Created: 11/13/2012||Last Updated: 04/24/2013|
Cash America is a single tenant NNN building located in Federal Way, Washington. The offering provides an invetor the opportunity to purchase a net leased property in the Seattle Metropolitan Market.
There are 8 years remaining on Cash America's lease with 2% annual rent increases. The 8,970 square foot freestanding building benefits from fronting Pacific Highway, a major retail corridor with traffic counts in excess of 25,000 vehicles per day. Cash America has a total of 1,086 locations, including 36 in the Northwest. The Subject Property is a proven location, the original lease has been extended for 10 years and the site is reported to be Cash America's #1 store in the region.
- Seattle Metropolitan Investment Opportunity
- 8 Years Remaining on Lease: 2% Annual Increases
- Reported to be the #1 Store in the Region
- Corporate Backed Lease: Cash America International Inc.
- High Traffic Counts: 25,000 on Pacific Highway
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