12811 Pacific Ave S - Fast Food FOR SALE


Tacoma, WA 98444
$1,530,000 USD
248-770-9974
12811 Pacific Ave S, Tacoma, WA for Sale
$1,530,000 USD
Fast Food - FOR SALE
1/4
null | 6.03% Cap Rate

12811 Pacific Ave S
Tacoma, WA 98444


OVERVIEW

This property features high-quality new construction with a drive-thru, an Absolute NNN lease, and built-in annual rent increases for inflation protection. With 16 years remaining in the firm lease term, the investment offers stable cash flow. The location benefits from excellent access and visibility on Pacific Ave Tacoma, with approximately 40,000 vehicles per day and convenient access to Hwy-512 and I-5. Situated in a highly dense trade area with a variety of national and local retailers, recreational facilities, schools, and residential neighbourhoods, it is also close to Pacific Lutheran University with a significant student population. The presence of numerous national retailers in the area highlights the vibrant retail environment. Additionally, Washington's lack of state income tax adds to its appeal for businesses and potential employees. The specific Gravity Coffee location at 12811 Pacific Ave S, Tacoma, enjoys an excellent Google customer rating of 4.6, reflecting positive reviews from satisfied customers.

FOR SALE DETAILS

PRICE

$1,530,000 USD

PRICE/SF

$2,661 USD /SF

CAP RATE

6.03%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

ROC

APN/PARCEL ID

031916-6017

ASK ABOUT THIS PROPERTY

Harris NiaziKW CommercialMore Info
248-770-9974

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Harris NiaziKW CommercialMore Info
248-770-9974

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.