Properties Available

Sherwin-Williams - NNN Leased Investment

4,000 Sqft - 5211 100th Street SW, Lakewood, WA

Property Description

MAJ Commercial Real Estate is pleased to present the opportunity to acquire a Single Tenant Net Leased Investment located in Lakewood, WA. The property is leased to Sherwin Williams on a 10-Year NNN Lease with approx. 5 Years and 9 Months remaining on the initial term. The property is positioned on a Lowe’s Home Improvement pad site in a high barrier entry location surrounded by dense, affluent demographics and in one the busiest retail corridors of Lakewood, WA. The Sherwin Williams is located just minutes away from Lakewood Towne Center, Lakewood, WA’s premier shopping destination. Some of the surrounding business include Hobby Lobby, 7-Eleven, Safeway, Starbucks, IHOP and much more.

Basic Details
Property Type : Retail
Listing Type : For Sale
Price : $1,995,000
Bldg Size : 4,000 Sqft
Lot Area : 0.25 Acre
Year Built : 2015
Listing ID : 1389
Features
Lease Type : NNN
Cap Rate : 4.81%
NOI : $96,000
Additional Photos
Additional Photos :

 

Retail For Sale
  • Listing ID : 1389
  • Bldg Size : 4,000 Sqft
  • Visits : 280 in 121 days
$1,995,000
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