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4022 Pacific Ave SE

Lacey, WA 98509
  • $5,006,500
  • STATUS: Active
  • ON SITE: 247 Days
  • MLS #: 22463907
$5,006,500
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,270
    SQFT
  • $950
    $/SQFT
Type:
Commercial
Built:
2022
County:

School Ratings & Info

Description

Investment Opportunity - Brand new construction, 5,270 SF building leased to MOD Pizza and Five Guys Burgers and Fries, Corporate guaranteed leases. NNN Leases, initial 10 year terms. Landlord only responsible for roof/structure. Tenant pays taxes, insurance, utilities, CAMs. Highly traveled intersection, 65,000 VPD. Center tenants include Chipotle and 7-Eleven C-Store with Fuel. Two monument signs for center. Protective ECRs. Estimated completion Dec 2022. NOI $200,259. Income tax free state.

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Listing content is copyright © 2022 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Stellar Realty Northwest are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2022-11-26T03:47:49.687.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Stellar Realty Northwest and should be independently verified.
www.oregonpropertyfinders.com/homes/126994732
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4022 Pacific Ave SE Lacey, WA 98509

  • Price: $5,006,500
  • Status: Active
  • On Site: 247 Days
  • MLS #: 22463907
0
Beds
0
Baths
0
½ Baths
N/A
Acres
5,270
SQFT
$950
$/SQFT
2022
Built
Neighborhood:
099-Out Of Area/Inside Washington State
County:
Thurston
Area:
099-Out Of Area/Inside Washington State
Property Description
Investment Opportunity - Brand new construction, 5,270 SF building leased to MOD Pizza and Five Guys Burgers and Fries, Corporate guaranteed leases. NNN Leases, initial 10 year terms. Landlord only responsible for roof/structure. Tenant pays taxes, insurance, utilities, CAMs. Highly traveled intersection, 65,000 VPD. Center tenants include Chipotle and 7-Eleven C-Store with Fuel. Two monument signs for center. Protective ECRs. Estimated completion Dec 2022. NOI $200,259. Income tax free state.
Exterior Features

Attached Garage YN No Parking Features Onsite View YN No

Interior Features

Cooling Centralair Cooling YN Yes Heating Forcedair Heating YN Yes

Property Features

Bank Owned YN No Current Use RestaurantRetail Existing Lease Type Yearsremaining10ormore Fuel Description Gas Green Certification YN No Gross Income 200260 IDXAddress Display YN Yes Internet Service Type Cable Listing Terms CashConventional Operating Expense 0 Property Attached YN No Property Condition Underconstruction Property Sub Type Income Sale Includes BuildingLand Sewer Publicsewer Short Sale YN No Tax Annual Amount 0 Water Source Publicwater Zoning Cc

Listing provided courtesy of Maj Commercial Real Estate: [IDXCONTACTINFORMATION].


Listing content is copyright © 2022 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Stellar Realty Northwest are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2022-11-26T03:47:49.687.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Stellar Realty Northwest and should be independently verified.
 
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Stellar Realty Northwest
109 NW Greenwood Ave #105
Bend OR, 97703