Starbucks | 2008 6th Ave
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Starbucks 2008 6th Ave
824 SF Retail Building Tacoma, WA 98403 £958,501 (£1,163/SF) 4.38% Net Initial Yield
Executive Summary
Established Starbucks location since 2008
Current Lease Term: 3/1/23 - 2/28/28
Two Remaining Lease Extension Terms: 3/1/28 - 2/28/33 and 3/1/33 - 2/28/38
Price: $1,225,000
Current Lease Term: 3/1/23 - 2/28/28
Two Remaining Lease Extension Terms: 3/1/28 - 2/28/33 and 3/1/33 - 2/28/38
Price: $1,225,000
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
824 SF
Building Class
C
Year Built
2004
Price
£958,501
Price Per SF
£1,163
Net Initial Yield
4.38%
NOI
£41,939
Tenancy
Single
Number of Floors
1
Building FAR
0.21
Lot Size
0.09 AC
Zoning
NCX
Parking
5 Spaces (6.07 Spaces per 1,000 SF Leased)
Frontage
58 ft on 6th Ave
Amenities
- Bus Route
- Signage
- Drive Thru
Walk Score ®
Very Walkable (87)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 351500-0073 | Improvements Assessment | £205,393 |
Land Assessment | £204,376 | Total Assessment | £409,769 |
PROPERTY TAXES
Parcel Number
351500-0073
Land Assessment
£204,376
Improvements Assessment
£205,393
Total Assessment
£409,769
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Starbucks | 2008 6th Ave
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