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26521692
26521691

19215 Filbert Rd, Bothell, WA 98012

GK
NY 49KU1129178
SURMOUNT
MA
NY 10401294046
SURMOUNT
FP
NY 10401333619
SURMOUNT
JK
NY 10401386896
SURMOUNT
CM
SURMOUNT
Listed by SURMOUNT
$4,541,429
306 days on market
Updated 97 days ago

7-Eleven

Details
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 2,200
Cap Rate 5.25%
NOI $238,425
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 15.1
Lease Expiration 01/31/2036
Remaining Term 9.6
Year Built 1973
Acreage 0.340
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 01/04/2021

Retail | 5.25% CAP | 2,200 SqFt

Marketing description

Surmount is pleased to present the exclusive listing for a 7-Eleven located at 19215 Filbert Rd, Bothell, WA 98012. The site consists of roughly 2,200 rentable square feet of building space on an estimated 0.34-acre parcel of land. This 7-Eleven is subject to a 15-year Triple Net (NNN) lease, which commenced 1/4/2021. The current annual rent is $238,425* and has scheduled increases of 10.00% every 5 years.

Investment highlights

  • Strong Corporate Guarantee | The lease is guaranteed by 7-Eleven, Inc. an outstanding A-rated credit (S&P) with decades of successful operations. 7-Eleven is the largest convenience store chain in the world, with over 60,000 in eighteen countries, of which over 10,700 in North America.

  • Qualifies for Bonus Depreciation | This 7-Eleven property qualifies for bonus depreciation. Please inquire with the listing broker for additional details, as well as a tax advisor.

  • Affluent Community | The Subject Property is situated within a highly affluent suburb of Seattle, where the average annual household income exceeds $180,000 within a one-mile radius. This high-income demographic indicates strong consumer purchasing power and a tendency for convenience-based spending.

  • Proximity to Major National Tenants | This property is located in a dense retail corridor with some of the premier national tenants in America. Some of the tenants include Walmart, Target, Costco, and Alderwood, all within a four-mile radius of the site. The presence of these elite national tenants in the immediate area significantly increased foot traffic and potential customers at this site.

Listing Contacts

GK
NY 49KU1129178
SURMOUNT
MA
NY 10401294046
SURMOUNT
FP
NY 10401333619
SURMOUNT
JK
NY 10401386896
SURMOUNT
CM
SURMOUNT
Listed by SURMOUNT

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$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$238,425.00
$19,868.75/mo

Valuation Metrics

0
DSCR
5.25%
Cap Rate
5.25%
ROI

Map

Zoning

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Last updated Jun 1, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Brian Brockman
License
27380
Brokerage
Bang Realty, Inc
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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