275 Rainier Ave S - Drug Store FOR SALE
Renton, WA 98057 |
275 Rainier Ave S
Renton, WA 98057
HIGHLIGHTS
- Property located on a hard-corner signalized intersection with nearly 60,000 VPD at intersection in a dense retail trade area in Renton, WA
- Due to the strength of this location Walgreens executed a brand new 13-year lease with increases throughout initial term and options | Inflation Hedge
- Investment offers an investor ZERO landlord responsibilities with NO management required
- Densely populated location with over 295,000 residents and household incomes over $112,900 within a 5-mile radius
- Nearby National Retailers include: Fred Meyer, Safeway, Walmart, Chipotle, Chick-fil-A, 7-Eleven, Taco Bell, Tesla
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Walgreens
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
13905
STORIES
1
YEAR BUILT
1999
SPRINKLERS
-
PARKING SPACES
63
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
182305-9079
