Retail    

Take 5 Oil

 Pasco, Washington

Asking Price

$2,090,000

Cap Rate

5.75%

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Brand New

Built-To-Suit

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Year Built

2024

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NNN

Lease

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Avg HHI

$107K

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Land Area

13,500 SF

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Brand new build-to-suit construction with three service bays, and rent commencement on June 1, 2024.
  • NNN lease structure with 10% rental escalations every 5 years including at the beginning of each of the three, five-year options.
  • Experienced multi-unit operator with five current locations and expanding. Franchisee was just awarded with Franchise Rookie of the Year within the company in 2023.
  • Washington is an income tax-free state.
  • Adjacent to 11,500 square foot DaVita Dialysis center which is currently under construction, and will be one of the largest in the state of Washington with 36 dialysis stations.
  • High-exposure location with frontage on Road 68 and average daily traffic of 22,000+ VPD.
  • There are new developments in the area including Starbucks (also available for sale, please contact Northmarq for more information) Popeye’s, future DaVita Dialysis, and more.

Exclusively Listed By

Sean Mack

Senior Vice President
  smack@northmarq.com      503.675.8378
WA Lic. #47330

Northmarq

130 Nickerson St, Suite 200
Seattle, WA 98109


northmarq.com