1195 Boblett St - Drug Store FOR SALE


Blaine, WA 98230
$4,478,675 USD
847-562-0003
1195 Boblett St, Blaine, WA for Sale
$4,478,675 USD
Drug Store - FOR SALE
1/4
null | 12% Cap Rate

1195 Boblett St
Blaine, WA 98230


OVERVIEW

• Extremely strong performing location with a low rent to sales ratio (contact broker for more details) • Rite Aid originally relocated from a nearby strip center • Absolute NNN with zero landlord responsibilities • Over 8 years remaining in the primary term of the lease • Located at the hard corner of a signalized intersection along Truck Route 543 which is a primary north-south thoroughfare • Positioned immediately off of Interstate 5 and is just south of the United State/Canadian border • There is limited competition for this store as there are no other national pharmacies within 13 miles of the property • Retailers in the immediate area include Cost Cutter, UPS, Dollar Tree and Burger King • Six-?gure average household income within ?ve miles ($119,350)

FOR SALE DETAILS

PRICE

$4,478,675 USD

PRICE/SF

$258 USD /SF

CAP RATE

12%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rite Aid

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

2.22 AC

LAND SF

96,703 SF

ZONING

-

APN/PARCEL ID

400106-317420-0000

ASK ABOUT THIS PROPERTY

Randy BlanksteinThe Boulder GroupMore Info
847-562-0003

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Randy BlanksteinThe Boulder GroupMore Info
847-562-0003

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.