MAJ Place BP – Vancouver, WA
THIS OFFERING PRESENTS the opportunity to acquire a Single Tenant Net Leased Investment located in Vancouver, WA. The newly developed property, consisting of a convenience store and fueling station, is leased to 7-Eleven Corporate on a new 15-Year NNN Lease. The subject property shares a site with a Starbucks with drive-thru and a 3,000 SF retail building. Some of the businesses surrounding 7-Eleven include, WinCo Foods, Fred Meyer, Lowe’s Home Improvement, Dollar Tree, Big Lots, Les Schwab Tire Center and much more. The excellent location provides ideal visibility from NE 117th Ave. 7-Eleven will be featured on the center’s large highway monument sign.
Price: $5,766,000
Cap Rate: 4.50%
NOI: $259,500
For additional information:
Blake D. Federinko
360.823.5111
Blake@MAJCRE.com
Brandi M. Ho
360.823.5112
Brandi@MAJCRE.com
Michael A. Jenkins
360.823.5102
Mike@MAJCRE.com