20416 98th St E - Fast Food FOR SALE


Bonney Lake, WA 98391
$3,350,000 USD
702-379-7476
20416 98th St E, Bonney Lake, WA for Sale
$3,350,000 USD
Fast Food - FOR SALE
1/2
null | 4.66% Cap Rate

20416 98th St E
Bonney Lake, WA 98391


HIGHLIGHTS

  • Locatedin Mountainview Marketplace in Bonney Lake, WA anchored by Costco
  • Absolute NNN corporate ground lease. No Landlord resposibility.
  • 9 plus years remaining with 3/5 year option.

OVERVIEW

Absolute NNN corporate ground lease. 9 plus remaining on initial lease term with 3/5 year option. 10% rent increase every 5 year including option period. Highly accessible location with drive thru.

FOR SALE DETAILS

PRICE

$3,350,000 USD

PRICE/SF

$1,448 USD /SF

CAP RATE

4.66%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Chipotle

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,204 SF

ZONING

None

APN/PARCEL ID

051903-6061

ASK ABOUT THIS PROPERTY

Chang AhnBest 1 RealtyMore Info
702-379-7476

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Chang AhnBest 1 RealtyMore Info
702-379-7476

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