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Miscellaneous

Great Floors Sale/Leaseback | Lacey, WA

7800 Martin Way E, Lacey, WA 98516

Listing Price: $8,000,000

Cap Rate
5.05%
Tenant Name
Great Floors
Guarantor
Corporate Guarantee
Rentable SF
46,000
Lease Type
Double Net
Rent Per Square Feet
$8.78

Investment Overview

RARE GREAT FLOORS CORPORATE GUARANTEED FLEX INDUSTRIAL LOCATION FEATURING A NEW 10-YEAR LEASE WITH ANNUAL RENT INCREASES LOCATED IN RAPIDLY GROWING LACEY, WA

Investment Highlights

  • STRONG CORPORATE GUARANTEE
  • BRAND NEW 10-YEAR CORPORATE LEASE
  • AAA LOCATION W/CLOSE PROXIMITY TO I-5 (200,000+ VPD)
  • 2% ANNUAL RENT INCREASES
  • STRONG STORE SALES/COVID-RESISTANT TENANT
  • HIGH-QUALITY FLEX INDUSTRIAL PROPERTY
  • BELOW MARKET RENT
  • LOCATED IN HIGH-GROWTH SUBMARKET

Exclusively Listed By

Financing By

Miscellaneous

Great Floors Sale/Leaseback | Lacey, WA

Listing Price: $8,000,000

Cap Rate
5.05%
Tenant Name
Great Floors
Guarantor
Corporate Guarantee
Rentable SF
46,000
Lease Type
Double Net
Rent Per Square Feet
$8.78

Investment Highlights

  • STRONG CORPORATE GUARANTEE
  • BRAND NEW 10-YEAR CORPORATE LEASE
  • AAA LOCATION W/CLOSE PROXIMITY TO I-5 (200,000+ VPD)
  • 2% ANNUAL RENT INCREASES
  • STRONG STORE SALES/COVID-RESISTANT TENANT
  • HIGH-QUALITY FLEX INDUSTRIAL PROPERTY
  • BELOW MARKET RENT
  • LOCATED IN HIGH-GROWTH SUBMARKET

Investment Overview

RARE GREAT FLOORS CORPORATE GUARANTEED FLEX INDUSTRIAL LOCATION FEATURING A NEW 10-YEAR LEASE WITH ANNUAL RENT INCREASES LOCATED IN RAPIDLY GROWING LACEY, WA

Exclusively Listed By

Financing By

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