Listing #:
- 2172908
- Price:
- $1,100,000
- Status:
- Active
- Property Type:
- Commercial
- Type:
- Retail
- # of Acres:
- 0.38
- Year Built:
- 1992
- Comm/Assn:
- South Tacoma
- City:
- Tacoma
- County:
- Pierce
- State:
- WA
- Zip:
- 98409
- Right of 1st Refusal:
- No
QR Code
Description
Priced To Sell Self-service Gas Station Located In The Thriving City Of Tacoma, Wa. Flexible Owner Financing. 2018: $69,075. 2019: $74,573. 2020: $65,588. 2021: $67,757. 2022: $69,960. Totaling $346,953 At A Average Of $69,391. Leased To A Reliable National Tenant Operating Under A Triple Net Lease Agreement Until 5.31.26. Monthly Rent $5,023.41. Additional Revenue Stream $.015 Per Gallon Bonus For Sales Exceeding 40,000 Gallons, Coupled With An Annual Cpi Increase. September 2023 Was 64,000 Gallons. Excellent Location On A Spacious 16,750 Sqft Corner Lot Along The South Tacoma Way. Furthermore, A “no Further Action Report” From The Washington State Department Of Ecology Is Coming Soon Since The Tanks Were All Replaced In The 1990s.
Property Features
- Cap Rate:
- - 6.3
- Net Operating Income:
- - $69,021.00
- Free And Clear:
- - true
- Gross Adjusted Income:
- - 69021
- Style Code:
- - 75 - Retail
- Zoning Class:
- - Industrial-Light
- Zoning Jurisdiction:
- - City
- Parcel Number:
- - 9710000381
- Possible Use:
- - Industrial
- :
- - Level
- Structure Type:
- - Retail
- Water Source:
- - Public
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