Listed by CBRE - Seattle
$715,000
11738 Pacific Hwy SW
Details
Property Type Retail, Mixed Use
Square Footage 3,072
Tenancy Single
Lease Type NNN
Lease Expiration 05/17/2029
Rent Bumps Yes
Lease Options One tenant option to renew for 5 years
Price per SqFt $233
Acreage 0.380
Zoning TOC (Transit Oriented Commercial)
Investment Type Owner/User
Lease Commencement 06/17/2024
Owner-User Opportunity or Value-Add Investment
Investment highlights
- 210' of frontage along Pacific Hwy SW, only 900' from I-5 on ramp
- 529 SF leased to H&R Block (term ends May 2029)
- NNN lease, with 5% annual increases
- The property boasts 210 feet of frontage along Pacific Hwy SW and is just 900 feet from an I5 on-ramp, offering can't miss visibility.
Listing Contacts
Listed by CBRE - Seattle
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