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Auto Service - Gas-Conv

7-Eleven

2631 S 38th St, Tacoma, WA 98409

Listing Price: $4,610,000

Cap Rate
5.25%
Tenant Name
7-Eleven, Inc.
Years Remaining On Lease
10.6
Guarantor
Corporate Guarantee
Rentable SF
2,511
Lease Type
Absolute Net
Rent Per Square Feet
$96.38

Investment Overview

The subject property is an absolute NNN leased 7-Eleven located in Tacoma, Washington. According to Placer.ai, this location is the number ten performing 7-Eleven in Washington State, out of 230+ locations. The property is located on a very dense retail corridor with multiple national tenants including Costco, McDonald’s, Starbucks, Chick-fil-A and Burger King.

Investment Highlights

  • Absolute NNN Corporate Lease with 7-Eleven, Inc.
  • Recently renovated in 2020
  • 7-Eleven is the world's largest convenience store chain
  • Qualifies for 60% Bonus Depreciation (confirm with your CPA)

Exclusively Listed By

Broker of Record

  • Joel Deis

    First Vice President/Regional Manager

    (206) 826-5700

    License(s) WA: 25469

    Washington

Auto Service - Gas-Conv

7-Eleven

Listing Price: $4,610,000

Cap Rate
5.25%
Tenant Name
7-Eleven, Inc.
Years Remaining On Lease
10.6
Guarantor
Corporate Guarantee
Rentable SF
2,511
Lease Type
Absolute Net
Rent Per Square Feet
$96.38

Investment Highlights

  • Absolute NNN Corporate Lease with 7-Eleven, Inc.
  • Recently renovated in 2020
  • 7-Eleven is the world's largest convenience store chain
  • Qualifies for 60% Bonus Depreciation (confirm with your CPA)

Investment Overview

The subject property is an absolute NNN leased 7-Eleven located in Tacoma, Washington. According to Placer.ai, this location is the number ten performing 7-Eleven in Washington State, out of 230+ locations. The property is located on a very dense retail corridor with multiple national tenants including Costco, McDonald’s, Starbucks, Chick-fil-A and Burger King.

Exclusively Listed By

Broker of Record

  • Joel Deis

    First Vice President/Regional Manager

    (206) 826-5700

    License(s): WA: 25469

    Washington

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