Listed by NAI Black
$6,500,000
Starbuck's - MultiCare Investment Property
Details
Property Type Retail
Sub Type Shopping Center, Drive-Thru
Cap Rate 4.92%
NOI $320,000
Occupancy 100%
Tenancy Multi
Brand/Tenant Starbucks, MultiCare
Lease Type NNN
Lease Term 10
Rent Bumps Yes
Year Built 2021
Buildings 2
Lot Size (SqFt) 53,000
Zoning CCS
Investment Type Stabilized
Tenant Credit Corporate Guarantee
Retail - Stabilized National Users
Marketing description
Two free-standing buildings on 53,000± sf hard corner pad
Starbucks: 2,000± sf - 10 Year Lease
MultiCare-Indigo Urgent Care; 4,415± sf - 15 Year Lease
Anchored by 72,000± sf WinCo Foods
Immediate proximity to I-90 Fwy. Exchange via Ramsey Rd.
Multiple left turn access points
Major Signals at Ramsey Rd/Appleway & Ramsey Rd. &Marie Ave. Over 50,000 combined ADT
Listing Contacts
Listed by NAI Black
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$320,000.00
$26,666.67/mo
Valuation Metrics
0
DSCR
4.92%
Cap Rate
4.92%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
