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Convenience Store For Sale • 2,971 SF
| Brand new build-to-suit construction occupied by 7-Eleven Corporate, an investment grade credit tenant (S&P: AA-). |
| 15-Year NNN lease with 7.5% rent increases every 5 years; scheduled rent bumps increase yield an estimated 30 basis points at year 6. |
| Upside through development potential of a freestanding or inline retail with a drive-thru located adjacent to 7-Eleven on samepad. |
| Pad site is included in offering, a $460k value. |
| Located on the corner of Hardeson St. & Hardeson Rd, which has access to Boeing Frwy containing over 75,000 vehicles per day. |
| Strong local demographics with an average household income of $99,000 and over 215,000 residents within a five mile radius. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Mukilteo Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) | 11 min | - | 5.4 mi |
| Everett Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) | 13 min | - | 5.4 mi |
| Airport | Drive | Walk | Distance |
| Seattle Paine Field International | 7 min | - | 3.3 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 14 |
| Type: | Surface |
| Included in Rent: | Yes |
