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Restaurant

Muchas Gracias

116 NE 117th Ave, Vancouver, WA 98684

Listing Price: $1,500,000

Cap Rate
6.00%
Tenant Name
Muchas Gracias
Years Remaining On Lease
10.0
Guarantor
Regional Franchisee
Rentable SF
3,632
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$24.78

Investment Overview

Muchas Gracias is a regional franchise with over 20 locations in Oregon and Washington. They've tenanted this location for over 20 years and recently extended their lease through 2031.

Investment Highlights

  • New 10-Year Extension
  • Twenty Year Tenancy at This Location
  • Annual Rental Increases Starting Year Three

Exclusively Listed By

Broker of Record

  • Joel Deis

    First Vice President/Regional Manager

    (206) 826-5700

    License(s) WA: 25469

    Washington

Listing Price: $1,500,000

Cap Rate
6.00%
Tenant Name
Muchas Gracias
Years Remaining On Lease
10.0
Guarantor
Regional Franchisee
Rentable SF
3,632
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$24.78

Investment Highlights

  • New 10-Year Extension
  • Twenty Year Tenancy at This Location
  • Annual Rental Increases Starting Year Three

Investment Overview

Muchas Gracias is a regional franchise with over 20 locations in Oregon and Washington. They've tenanted this location for over 20 years and recently extended their lease through 2031.

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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