Grocery Store
Albertsons
3925 236th Ave NE, Redmond, WA 98053
Listing Price: $14,822,000
Cap Rate
4.25%
Tenant Name
Albertsons
Years Remaining On Lease
17.7
Guarantor
Corporate Guarantee
Rentable SF
46,733
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$13.48
Investment Overview
Located on the corner of 236th Avenue, NE and Redmond-Fall City RD. NE with a curb cut on each road. Internet Resistant. Single Tenant Grocery There are 44,200 residents making an Average household income of $231,200 within a 3-Mile Radius.
Exclusively Listed By
Broker of Record
Listing Price: $14,822,000
Cap Rate
4.25%
Tenant Name
Albertsons
Years Remaining On Lease
17.7
Guarantor
Corporate Guarantee
Rentable SF
46,733
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$13.48
Investment Highlights
- Corporate NNN Lease Guaranteed by Albertsons Inc. ($71.89 Billion in Sales)
- There are 17.5 +/- Years Remaining in the Base Term of A 25 Year Lease with Two 10 Year Options Thereafter
- There are 1.75 Percent Rental Increases Annually
Investment Overview
Located on the corner of 236th Avenue, NE and Redmond-Fall City RD. NE with a curb cut on each road. Internet Resistant. Single Tenant Grocery There are 44,200 residents making an Average household income of $231,200 within a 3-Mile Radius.
Exclusively Listed By
Broker of Record
