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19215 Filbert Rd 2,200 SF Retail Building Bothell, WA 98012 $4,768,500 ($2,167.50/SF) 5% Cap Rate
Investment Highlights
- Strong Corporate Guarantee
- Affluent Community
- Qualifies for Bonus Depreciation
- Proximity to Major National Tenants
Executive Summary
Surmount is pleased to present the exclusive listing for a 7-Eleven located at 19215 Filbert Rd, Bothell, WA 98012. The site consists of roughly 2,200 rentable square feet of building space on an estimated 0.34-acre parcel of land. This 7-Eleven is subject to a 15-year Triple Net (NNN) lease, which commenced 1/4/2021. The current annual rent is $238,425* and has scheduled increases of 10.00% every 5 years.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
2,200 SF
Building Class
C
Year Built
1973
Price
$4,768,500
Price Per SF
$2,167.50
Cap Rate
5%
NOI
$238,425
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.46 AC
Zoning
NB
Amenities
- Security System
- Signage
- Air Conditioning
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $782,000 | |
| Land Assessment | $770,300 | Total Assessment | $1,552,300 |
Property Taxes
Parcel Numbers
Land Assessment
$770,300
Improvements Assessment
$782,000
Total Assessment
$1,552,300
Contacts
-
Glen Kunofsky -
Matthew Anuszkiewicz -
Francis Purritano -
Joseph Kelly -
Christopher Marks -
Surmount
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19215 Filbert Rd
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