Skip to main content

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.

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

Exclusively Listed By

  • Steven J. Siegel

    Licensed Associate Real Estate Broker

    (212) 430-5166

    Email Steven

    License(s): NY: 30SI0857139, NJ: 0015107, CT: REB.0754170

    Manhattan

Broker of Record

  • Joel Deis

    First Vice President/Regional Manager

    (206) 826-5700

    License(s) WA: 25469

    Washington

Grocery Store

Albertsons

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

  • Steven J. Siegel

    Licensed Associate Real Estate Broker

    (212) 430-5166

    Email Steven

    License(s): NY: 30SI0857139, NJ: 0015107, CT: REB.0754170

    Manhattan

Broker of Record

  • Joel Deis

    First Vice President/Regional Manager

    (206) 826-5700

    License(s): WA: 25469

    Washington

MM Texture Background
MM Textured Background Lower