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7 Eleven 3848 McKinley Ave
2,501 SF Retail Building Tacoma, WA 98404 $1,905,000 ($762/SF) 5.25% Cap Rate
Investment Highlights
- ±11 years remaining on this absolute triple net lease with no LL responsibilities.
- 7-Eleven has ±60 years of successful operating history at this location.
- 7-Eleven is a “Recession-Proof” tenant and e-commerce resistant.
- Recent lease extension demonstrates tenant’s commitment to and performance at this location.
- 7-Eleven is the largest convenience store chain in the world with over 84,500 locations, currently holding an Investment-Grade "A" Rating from S&P
- Washington has no personal or corporate income tax.
Executive Summary
Property Facts
Amenities
- Bus Line
- Signage
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Retailer
- -
- -
- Lorem Ipsum
- Jan 0000
In 1927, 7-Eleven showed the world just how convenient shopping could be – and they’ve been doing it every day since. Today, 7-Eleven is a global brand with more stores than any other retailer in the world. 7-Eleven, Inc. now operates a robust family of banners and brands, including Speedway®, Stripes®, Laredo Taco Company® and Raise the Roost® Chicken and Biscuits locations throughout the U.S. The brand also has a history of firsts — coffee in to-go cups, 24/7 hours and self-serve soda fountains, to name a few. Not to mention iconic products – like Slurpee® and Big Gulp® drinks – that have become a part of American culture. As the world’s largest convenience retailer, 7-Eleven also helped pioneer the Franchise model and is now consistently ranked as a top-10 Franchisor – a true testament to their entrepreneurial spirit. Although they’ve grown significantly over the years, they remain focused on innovating to meet customers' needs.
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
Retailer | - | - | Lorem Ipsum | Jan 0000 |
PROPERTY TAXES
Parcel Number | 747001-0340 | Improvements Assessment | $264,600 |
Land Assessment | $180,500 | Total Assessment | $445,100 |
PROPERTY TAXES
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7 Eleven | 3848 McKinley Ave
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