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18820 State Highway 305 NE
Poulsbo, WA 98370
CVS · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
14,500 SF
Building Class
B
Year Built
2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
1.29 AC
Zoning
C-3

AMENITIES

  • Pylon Sign
  • Signage
  • Drive Thru

ABOUT 18820 STATE HIGHWAY 305 NE , POULSBO, WA 98370

Marcus & Millichap is pleased to present the opportunity to acquire a CVS located in Poulsbo, WA (Seattle MSA). CVS offers a triple net (NNN) lease with approximately 22 years remaining on the base term and ten, five-year renewal options with fair market rent in final 8 renewal periods. The subject property consists of a 14,500-square foot free-standing building, situated on a 1.29-acre parcel. CVS Health Corporation (NYSE: CVS) is currently the largest pharmacy chain in the United States with over 9,900+ locations and revenue of approximately $185 Billion. In 2016, it ranked as the 7th largest U.S. Corporation according to Fortune 500. Surrounding national retailers in the area include Safeway, Dollar Tree, Sherwin Williams, Taco Bell, Burger King and many more.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
232601-1-158-2006
Land Assessment
$284,280
Improvements Assessment
$566,330
Total Assessment
$850,610
  • Listing ID: 14291951

  • Date on Market: 11/5/2018

  • Last Updated:

  • Address: 18820 State Highway 305 NE, Poulsbo, WA 98370

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