4044 Pacific SE AVELacey, WA98503

$6,799,000
$339,950 annual income
4650 sq. ft
0.8 acres
SqFt20000toAcres1
Zoning: CC
841 days on market

VestorFilter™

Price per ft²$1,462.15/ft²
Recent price drop$196,000
Price per acre$8.5M/ac
Time on market841 days

Property Description

Highly desired Single Tenant Net Leased Investment located in Lacey, WA, income tax free state. The property is leased to 7-Eleven Corporate, on a brand new 15-year term, commenced September 2022. The property consists of a convenience store + fueling station. The center includes Chipotle, MOD Pizza, Five Guys Burgers & Fries, drive-thru coffee + retail. The site is ideally located on the corner of Pacific Ave SE and Sleater-Kinney Road SE; SE; highly traveled 65,000 vehicles per day.

{{ compliance-logo }}Listing Provided By MAJ Commercial Real Estate

Financial Data

Date Sold2023-09-26
Sold Price$6,185,000
Price ChangeDropped $196,000 on 09/26/2023
Total $1,700,000 drop
Original Price$8,499,000
Current Price$6,799,000

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Home Facts

StatusSold
Year Built2022
Stories1
MLS ID22413715