28817 Military Rd S - Drug Store FOR SALE
Federal Way, WA 98003 |
$5,556,000 USD
844-585-7684
28817 Military Rd S
Federal Way, WA 98003
HIGHLIGHTS
- Single-Tenant Walgreens (NASDAQ: WBA): Largest daily needs retail pharmacy provider in the United States with 8,600+ locations
- Income Tax-Free State Investment Opportunity
- High-Traffic Location at the Signalized, Hard-Corner Intersection of S 288th Street and Military Road S (27,000+ Cars Per Day)
- Close Proximity to Interstate 5: The property is adjacent to Interstate 5, with traffic counts of 212,000 cars per day
- Dense, Affluent, High-Growth Trade Area: Average household incomes of nearly $115,000 within a 3-mile radius
- Seattle-Tacoma MSA: 20-minute drive from Tacoma and Seattle Tacoma International Airport; 35-minute drive to Seattle
FOR SALE DETAILS
PRICE
$5,556,000 USD
PRICE/SF
$390 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Walgreens | Federal Way, WA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2004
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.32 AC
LAND SF
57,499 SF
ZONING
BC, Federal Way
APN/PARCEL ID
042104-9030
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844-585-7684
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844-585-7684
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