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Mixed-Use

76 Gas Station and Development

18040 1st Ave S, Burien, WA 98148

Listing Price: $4,500,000

Gross SF
4,107
Rentable SF
4,107
Price/Gross SF
$1,095.69
Lot Size
1.09 acres
Year Built
1960

Investment Overview

The Leibsohn Vara Group is pleased to present the sale offering for the Burien 76 gas station, convenience store and development site. This sale includes the fee simple real estate, buildings, fixtures, equipment along with the business and operations. This well established suburban business has been in operation under various ownerships for over 60 years and continues to be a successful location ready for expansion. This high profile and conveniently accessed property is directly on Highway 509 in the commercial heart of the desirable City of Normandy Park. The exceptional signage and wide highway frontage serves to invite customers in via the 4 separate driveway entrances. The Buyer will benefit from current Ownership‘s recent decision not to proceed with the planned upgrades and expansions following their recent acquisition of the property and new branding agreement with Phillips. Expansion plans might include a complete C-store and canopy remodel and an addition of a freestanding drive through coffee building and/or new car wash. Overall, the opportunity for an Owner/Occupant and savvy investor to purchase the entire Burien 76 property, business and development site offers an incredible Seattle area core market acquisition that is poised to capitalize on a well established destination location in a desirable growth market.

Investment Highlights

  • Sale includes the fee simple real estate, buildings, fixtures, equipment along with the business and operations.
  • Overall, the opportunity for an Owner/Occupant and savvy investor to purchase the entire Burien 76 property, business and development site.
  • Incredible Seattle area core market acquisition that is poised to capitalize on a well established destination location in a desirable growth market.

Exclusively Listed By

Mixed-Use

76 Gas Station and Development

Listing Price: $4,500,000

Gross SF
4,107
Rentable SF
4,107
Price/Gross SF
$1,095.69
Lot Size
1.09 acres
Year Built
1960

Investment Highlights

  • Sale includes the fee simple real estate, buildings, fixtures, equipment along with the business and operations.
  • Overall, the opportunity for an Owner/Occupant and savvy investor to purchase the entire Burien 76 property, business and development site.
  • Incredible Seattle area core market acquisition that is poised to capitalize on a well established destination location in a desirable growth market.

Investment Overview

The Leibsohn Vara Group is pleased to present the sale offering for the Burien 76 gas station, convenience store and development site. This sale includes the fee simple real estate, buildings, fixtures, equipment along with the business and operations. This well established suburban business has been in operation under various ownerships for over 60 years and continues to be a successful location ready for expansion. This high profile and conveniently accessed property is directly on Highway 509 in the commercial heart of the desirable City of Normandy Park. The exceptional signage and wide highway frontage serves to invite customers in via the 4 separate driveway entrances. The Buyer will benefit from current Ownership‘s recent decision not to proceed with the planned upgrades and expansions following their recent acquisition of the property and new branding agreement with Phillips. Expansion plans might include a complete C-store and canopy remodel and an addition of a freestanding drive through coffee building and/or new car wash. Overall, the opportunity for an Owner/Occupant and savvy investor to purchase the entire Burien 76 property, business and development site offers an incredible Seattle area core market acquisition that is poised to capitalize on a well established destination location in a desirable growth market.

Exclusively Listed By

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