12848 Martin Luther King Jr Way - Service Station FOR SALE
Seattle, WA 98178 |
12848 Martin Luther King Jr Way
Seattle, WA 98178
HIGHLIGHTS
- Absolute NNN Lease | 10% Increase in 2031
- Five, 5-Year Renewal Options | 7.5% Increase in Options 1-3 | FMRV Increase in Options 4 & 5
- Long-Term Operating History of 43 Years
- Located at the Signalized Intersection of Martin Luther King Jr. Way S (31,583 VPD) and South 129th Street
- Feet from the On-Ramp to Interstate 5 (193,114 VPD) -- the main north-south route in the region
- Seattle, WA MSA Advantage (MSA Population: 4.19M+)
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
7-Eleven
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Service Station
TOTAL BUILDING SIZE
2428
STORIES
1
YEAR BUILT
1982
SPRINKLERS
-
PARKING SPACES
18
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
217200-0671
