List Search

2412 136th Ave Ct E
Sumner, WA 98390 Outlying Puyallup

$5,500,000 USD

Convenience Store For Sale  •  3,010 SF

Property Details

  • Property Type Convenience Store
  • Total Building Size 3,010 SF
  • Lot Size 0.85 AC
  • Building Class C
  • Year Built 2020
  • Cap Rate 4.89 %
  • Tenancy Single
  • Zoning C
0 Transit Score
28 Walk Score

Highlights

NNN Lease Featuring 10% Rental Increases Every 5 Years Throughout the Initial Term and Options. 2020 Construction with Gas Station.
Strong Performing Location per Placer.ai: Top 13% Most Visited Site in the Chain.
Densely Populated and Affluent Area: Average Household Income of more than $125k within a 1-Mile Radius and 162k+ People Residing within 5 Miles.
Strong Regional Connectivity to Interstate-5 & WA-167 - Immediate Access to/from WA-167 and near Interstate-5, enhancing Long-Term Viability.
Located Minutes from WA-410, a Major Arterial Linking Sumner, Bonney Lake, Puyallup, and Auburn, Capturing Commuter, Logistics, and Traffic.
Bonus Depreciation - Significant Tax Benefits: Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation
Cap Rate: 4.89 %

Major Tenants

Tenant SF Occupied Lease End Date
7-Eleven 3,010 SF 10/31/2035

Public Transportation

AirportDriveWalkDistance
Seattle-Tacoma International 32 min - 18.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 30
Type: Surface
Included in Rent: Yes
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap