Retail    

CVS Pharmacy

 Renton (Seattle), WA

Asking Price

$12,000,000

Cap Rate

5.53%

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Expenses

NNN

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Year Built

2014

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Square Feet

16,273 SF

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NOI

$664,264

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Rent Increases

5% at Each Option

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Land Area

1.70 AC

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Seattle MSA | Fastest-Growing Big City in the U.S. | Income Tax-Free State
  • One Mile From 341-Bed Hospital
  • Investment Grade Guaranty | #6 on Fortune's 500 List
  • 25-Year NNN Lease | 16 Years Remaining | 5% Increases Every 5 Years
  • $123K Average Household Income | 283K Residents
  • Large 16,000+ SF Store on Signalized Corner | Combined 68K+ Vehicles per Day
  • Near Expansive Retail & Industrial Corridor | Surrounded by Major Retailers

Exclusively Listed By

Tyler Molleson

Senior Associate
  tmolleson@northmarq.com   

David Annett

Associate Vice President
  dannett@northmarq.com   

Ryan Butler

Regional Managing Director
  rbutler@northmarq.com   

Brad Moulder

Senior Vice President
  bmoulder@northmarq.com   

Anne Perrault

Vice President
  aperrault@northmarq.com   

Brandon Sherrill

Senior Associate
  bsherrill@northmarq.com   

Jacob Ryan

Senior Associate
  jryan@northmarq.com   

Joe Habighorst

Lead Investment Analyst
  jhabighorst@northmarq.com   

Cole Surrett

Investment Analyst
  csurrett@northmarq.com   

In Association With:

Kevin Adatto

WA License #21038208

Northmarq

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