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Office Warehouse

Cole Graphic Solutions Facility Sale-Leaseback

4901 Center St, Tacoma, WA 98409

Listing Price: $3,700,000

Cap Rate
6.87%
Gross SF
23,654
Price/Gross SF
$156.42
Lot Size
2.18 acres
Year Built
1968
Rentable SF
23,654

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the 100% fee-simple interest in the Cole Graphic Solutions Building ("the Property") in Tacoma, Washington. The Property is being offered on a sale-leaseback basis, with the longtime tenant Cole Graphic Solutions, Inc. ("CGS") executing a new triple net lease in 2021. The 23,654 square-foot facility is a flex configuration with 9,201 square feet of office and 14,453 square feet of warehouse. The warehouse is heavily built out as a printing production facility with large machinery set up throughout. CGS was founded in 1930 and is a leading provider of durable graphics in the Pacific Northwest. It is a women-owned, privately held company with the same ownership for the last 30 years. This consistency over decades provides CGS with unparalleled knowledge in the industry, a reliable supply chain, and some of the smartest and best-skilled team members in the industry. The property itself is extremely well-located, with close access to Highway 16 and nearby retail/amenities, making it a convenient workplace for CGS employees.

Investment Highlights

  • Sale-Leaseback Of Well-Established Screen Printing Company Production Facility
  • Newly Executed Long-Term NNN Lease With Annual Increases & Options To Extend
  • Passive Ownership & Minimal Landlord Responsibilities

Exclusively Listed By

Office Warehouse

Cole Graphic Solutions Facility Sale-Leaseback

Listing Price: $3,700,000

Cap Rate
6.87%
Gross SF
23,654
Price/Gross SF
$156.42
Lot Size
2.18 acres
Year Built
1968
Rentable SF
23,654

Investment Highlights

  • Sale-Leaseback Of Well-Established Screen Printing Company Production Facility
  • Newly Executed Long-Term NNN Lease With Annual Increases & Options To Extend
  • Passive Ownership & Minimal Landlord Responsibilities

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the 100% fee-simple interest in the Cole Graphic Solutions Building ("the Property") in Tacoma, Washington. The Property is being offered on a sale-leaseback basis, with the longtime tenant Cole Graphic Solutions, Inc. ("CGS") executing a new triple net lease in 2021. The 23,654 square-foot facility is a flex configuration with 9,201 square feet of office and 14,453 square feet of warehouse. The warehouse is heavily built out as a printing production facility with large machinery set up throughout. CGS was founded in 1930 and is a leading provider of durable graphics in the Pacific Northwest. It is a women-owned, privately held company with the same ownership for the last 30 years. This consistency over decades provides CGS with unparalleled knowledge in the industry, a reliable supply chain, and some of the smartest and best-skilled team members in the industry. The property itself is extremely well-located, with close access to Highway 16 and nearby retail/amenities, making it a convenient workplace for CGS employees.

Exclusively Listed By

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