4010 Pacific SE AVELacey, WA98503

$2,793,000
$111,711 annual income
2340 sq. ft
SqFt20000toAcres1
Zoning: CC
1062 days on market

VestorFilter™

Price per ft²$1,193.58/ft²
Time on market1062 days

Property Description

Single Tenant Net Leased Investment located in Lacey, WA, income tax free state. The property is leased to Chipotle on a brand new 10-year term, commencing May 2022. This is Chipotle's new prototype design, consisting of an order pick-up window, "Chipotlane" for customers with meals pre-ordered on their app. The newly developed center features 7-Eleven/fuel, MOD Pizza, Five Guys Burgers, + Retail. Corporate Guarantor. Landlord responsible for Roof/Structure. Tenant pays CAMs, Insurance, Taxes.

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Financial Data

Date Sold2022-10-04
Sold Price$2,629,000
Original Price$2,793,000
Current Price$2,793,000
Property Taxes$4,493

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Home Facts

StatusSold
Year Built2022
Stories1
MLS ID22645223