5700 Martin Luther King Jr Way S | Seattle, WA 98118
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- LoopNet Team
5700 Martin Luther King Jr Way S
Seattle, WA 98118
7-Eleven · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New 12 Year Lease Extension - Demonstrating Confidence in the Location
- Corporate Guaranteed Lease – Investment Grade Security (S&P: AA-)
- Beer and Wine Sales at This Location
- Strong Rental Increases - 10% Increase in Year 7 and at Each Option Period Providing Hedge Against Inflation
- 24 Hour Store With Above Average Building Size of 3,700 SF
- A New Lease Extension Commenced During the Pandemic Demonstrating Strength of Tenant and Location
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,700 SF
Building Class
C
Year Built
1979
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.41 AC
Zoning
C140
PROPERTY TAXES
| Parcel Number | 234130-0150 | Improvements Assessment | $1,000 |
| Land Assessment | $2,646,700 | Total Assessment | $2,647,700 |
PROPERTY TAXES
Parcel Number
234130-0150
Land Assessment
$2,646,700
Improvements Assessment
$1,000
Total Assessment
$2,647,700
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