Value: $2,111,000
Cap Rate: 4.5%
Prominent Location: Newly Developed Retail Corner “Shadow Anchored” by New 7-Eleven, also Available for Sale.
2019 Population Demographics:
1 Mile Radius – 12,898
3 Mile Radius – 75,419
5 Mile Radius – 192,986
Located on Primary Traffic Artery: NE 117th Avenue (SR 503) is a Heavy Traffic Corridor Connecting Battle Ground with Vancouver.
Hard Corner Location: NE 117th Avenue (SR 503)
and NE 99th Street is a Signalized Corner with a
Combined Traffic count of 30,748+/- vehicles per day.•
Corporate Starbucks Lease: Over 28,000 locations in 76 countries. NNN Lease – No Early Termination Clause.
Investment Grade Tenant: Starbucks has a S&P rating of BBB+. Corporate Revenues in Excess of
$24 Billion (NASDAQ: SBUX)
Steve Mack, Broker
MAJ Commercial Real Estate
O: 360.823.5131
Steve@MAJCRE.com