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4312 SW Admiral Way
Seattle, WA 98116 North Admiral

Price Upon Request

Convenience Store For Sale  •  2,560 SF

Property Details

  • Property Type Convenience Store
  • Total Building Size 2,560 SF
  • Lot Size 0.21 AC
  • Building Class B
  • Year Built 1969
  • Tenancy Single
  • Zoning NC2P-55(M)
42 Transit Score
87 Walk Score

Highlights

Long-term tenant, 7-11 Inc, has occupied the property since 1969
Single tenant on an Absoulte Net Lease with Annual Base Rent of $25,200 until 2/1/2025
Tenant has two 5-year options to extend lease (1st option term Base Rent is $25,410; 2nd option term at Fair Market)
8,973 corner lot with alley access zoned NC2P-55(M)
On a bus line in a highly desirable neighborhood with the population expected to increase over 8% within 1 mile within 5 miles
Great opportunity to own a hands-off investment property with a long-term stable tenant in a prime location

Amenities

  • 24 Hour Access
  • Bus Line
  • Corner Lot
  • Signage
  • Air Conditioning

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes