4022 Pacific SE AVELacey, WA98509
$3,888,000
$200,260 annual income
5270 sq. ft
SqFt20000toAcres1
Zoning: CC
759 days on market
VestorFilter™
Price per ft²$737.76/ft²
Recent price drop$328,000
Time on market759 days
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.
{{ compliance-logo }}Listing Provided By MAJ Commercial Real Estate
Financial Data
Date Sold2023-04-27
Sold Price$3,575,000
Price ChangeDropped $328,000 on 04/28/2023
Total $1,118,500 drop
Total $1,118,500 drop
Original Price$5,006,500
Current Price$3,888,000
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Home Facts
StatusSold
Year Built2022
MLS ID22463907
