100 Ellingson RD Pacific, WA98047

$6,052,000
$287,500 annual income
3000 sq. ft
1 to 2.99 Acres
Zoning: RC
1206 days on market

VestorFilter™

Price per ft²$2,017.33/ft²
Price per acre$3.71M/ac
Time on market1206 days

Property Description

Investment Opportunity - 15 Year NNN 7-Eleven Lease with increases starting in year 11. 3,000 SF Convenience store plus 4 MPD/8 fueling positions. Located on the NWC of Ellingson Road and Milwaukee Ave., in Pacific, WA. NOI $287,500.08. 4, 5-Year options to renew with increases. Income tax free state. Currently under construction, estimated completion is February 2021.

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Financial Data

Date Sold2021-03-31
Sold Price$6,052,000
Original Price$6,388,888
Current Price$6,052,000

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Home Facts

StatusSold
Year Built2020
Stories1
Garage
MLS ID20606730