Address Map
US
Washington
Thurston
Olympia
98501
Pacific Ave SE Suite B
3720
W123° 9' 31.9''
N47° 2' 28.8''
Additional Information
Maggie Verger
31749
1006796
16,481 Sqft
3720 Pacific Ave SE Suite B
Olympia
1
Concrete,Wood
83702
ID
Boise
999 W Main Street, Suite 100
Property Description

The Verger Team at Kidder Mathews is pleased to present the opportunity to acquire Corona’s Taqueria Y Mas, a Single-Tenant NNN investment in Olympia, Washington. The property is ideally located within Olympia’s main daily needs corridor and benefits from it’s location along Pacific Ave SE, with visibility to over 22,000 vehicles per day. Adjacent property to the East also available.LONG TERM COMMITMENT: The tenant recently exercised a 5-year lease with annual rent bumps demonstrating their commitment to the location.INFLATION PROTECTION: Future ownership will benefit from annual rent escalations of $350 with an average cap rate over the lease term of 8.16%.MINIMAL LANDLORD RESPONSIBILITY: The tenant operates on a NNN lease structure.HIGH TRAFFIC AREA: The property benefits from its

For Sale

3720 Pacific Ave SE Suite B, Olympia, Washington 98501

  • Square Footage: 3,832 Sqft
$960,000
Listing ID#687895
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Basic Details
Property Type : Retail
Listing Type : For Sale
Listing ID : 687895
Price : $960,000
Square Footage : 3,832 Sqft
Year Built : 1971
Status : Active
Office Name : Kidder Mathews
Property Sub Type : Retail
BROKER INFO
Rene Orona
BROKER OF REAL ESTATE
BROKER OF REAL ESTATE
3380 146th PL SE Suite 300
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