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    8315 83rd Avenue SW

    Lakewood, WA 98498
    • $1,195,000
    • STATUS: Active
    • ON SITE: 28 days
    • ID#: 1799238
    $1,195,000
    • 0
      BEDS
    • 0.71
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1979
    County:
    Area:

    School Ratings & Info

    Listing Courtesy of Vip International R/E Group.

    Description

    Exceptional investment opportunity! Free-standing building with large parking lot occupied by single tenant with NNN lease. Ideally located right off of busy Steilacoom Blvd and near McDonalds, Starbucks, Dutch Brothers, Safeway, Walgreens, and more! Tenant has occupied the property for 10 years and just renewed their lease for another 5 years (with $300 rent increase each year). Roof was replaced last year, exterior siding repainted, and parking lot was also restriped.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than NW Home Experts are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-07-28T00:14:15.53.

    www.nwhomeexperts.com/homes/118826340
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    8315 83rd Avenue SW Lakewood, WA 98498

    • Price: $1,195,000
    • Status: Active
    • ID#: 1799238
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.71
    Acres
    1979
    Built
    Neighborhood:
    Lakewood
    County:
    Pierce
    Area:
    Lakewood
    Property Description
    Exceptional investment opportunity! Free-standing building with large parking lot occupied by single tenant with NNN lease. Ideally located right off of busy Steilacoom Blvd and near McDonalds, Starbucks, Dutch Brothers, Safeway, Walgreens, and more! Tenant has occupied the property for 10 years and just renewed their lease for another 5 years (with $300 rent increase each year). Roof was replaced last year, exterior siding repainted, and parking lot was also restriped.
    Exterior Features

    Carport YN No Exterior Features WoodWood Products Foundation Details Block Open Parking YN No Parking Total 0 Roof Torch Down Structure Type Retail Style Code 75 - Retail Topography Level

    Interior Features

    Fireplace YN No Furnished Unfurnished Heating Cooling Type Forced Air

    Property Features

    Electric Expense 0 Electric On Property YN No First Right Of Refusal False Fuel Expense 0 Gross Adjusted Income 75571 Gross Scheduled Income 75571 Insurance Expense 3323 Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 63600 Possible Use Commercial Power Production Type ElectricNatural Gas Property Sub Type Commercial Industrial Sewer Sewer Connected Special Listing Conditions None Tax Annual Amount 8648 Tax Year 2020 Total Expenses 11971 Utilities Sewer ConnectedElectricity AvailableNatural Gas Connected Water Sewer Garbage 0 Water Source Public Zoning Class Commercial Zoning Jurisdiction City

    Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by NW Home Experts and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than NW Home Experts are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-07-28T00:14:15.53.

     
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    NW Home Experts
    2211 Elliott Avenue Suite 200
    Seattle WA, 98121
    Listing Courtesy of Vip International R/E Group.