9810 Pacific Ave | Tacoma, WA 98444
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- LoopNet Team
9810 Pacific Ave
Tacoma, WA 98444
Sonic Drive-In · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 15 Years remaining on original 20 years lease.
- Scheduled 10% rent increases every 5 years increases yield 105 basis points.
- Affluent surrounding demographics with average area incomes exceeding $155,000.
- Absolute Net lease provides zero landlord responsibilities.
- Successful sonic operator, SERJ drive-ins Washington, overseeing a portfolio of 9 locations.
- 5-Minute drive directly north of Pacific Lutheran University (enrollment: 2,900+ students).
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,682 SF
Building Class
B
Year Built
2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.93 AC
Zoning
MSF
Parking
28 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
535’ on Pacific Ave
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $964,500 | |
| Land Assessment | $788,300 | Total Assessment | $1,752,800 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$788,300
Improvements Assessment
$964,500
Total Assessment
$1,752,800
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