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300 Willapa Pl
Raymond, WA 98577
Raymond 101 Shell · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Service Station
Building Size
2,510 SF
Building Class
C
Year Built
2003
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.20 AC
Zoning
UGA

ABOUT 300 WILLAPA PL , RAYMOND, WA 98577

Very little competition exists for this business as this is one of only three stations in Raymond, WA. It is located in a Thriftway/McDonald's outparcel which is a popular turnoff from highway 101 which has over 11,000 vehicles per day. There is currently no supply contract obligation. The site currently has a profitable U-Haul business and a car wash that is not being used but could be renovated for an additional profit center. Long-term tenant has a lease that has expired but would be willing to stay. Buyer could operate themselves or negotiate a new lease agreement that would yield a 7.5% cap at a pro-forma lease rate. Station currently averaging 60,000 gallons/mo and $55,000 store sales.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
72070000003
Land Assessment
$213,900
Improvements Assessment
$1,459,400
Total Assessment
$1,673,300
  • Listing ID: 13505310

  • Date on Market: 8/15/2018

  • Last Updated:

  • Address: 300 Willapa Pl, Raymond, WA 98577

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