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CVS 33520 21st Ave SW

12,900 SF Retail Building Federal Way, WA 98023 £6,969,946 (£540/SF)

Executive Summary

Thomas Company is pleased to offer for sale a Zero Cash Flow CVS store located in Federal Way, WA. This Fee Simple property totals 12,900 square feet of retail space with 20.5 years of term remaining. This property is offered with a zero cash flow structure and paydown re-advance available, with an absolute triple-net lease and no landlord responsibilities.
• Zero Cash Flow Structure with Paydown/Re-advance
• Single Tenant Absolute Triple Net Lease (No Landlord Responsibilities)
• 20.5 Years Remaining with 10 x 5-Year Renewal Options
• Low Equity Requirement with Fully Amortizing Loan
• Investment Grade Guarantor (NYSE: CVS, S&P: BBB)

Attachments

ZCF_CVS_Federal_Way_WA

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
12,900 SF
Building Class
B
Year Built
2017
Price
£6,969,946
Price Per SF
£540
Tenancy
Single
Number of Floors
1
Building FAR
0.26
Lot Size
1.12 AC
Zoning
BN
Parking
12 Spaces (6.86 Spaces per 1,000 SF Leased)

Amenities

  • Bus Route
  • Pylon Sign
  • Signage
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33520 21st Ave SW, Federal Way, WA - aerial map view
Walk Score ®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Bank of America
KeyBank
Jpmorgan Chase & And Co
Fitness 19
U.S. Bank
Starbucks
Safeway
Quality Food Centers

PROPERTY TAXES

Parcel Number 132103-9098 Improvements Assessment £2,543,466
Land Assessment £1,086,033 Total Assessment £3,629,499

PROPERTY TAXES

Parcel Number
132103-9098
Land Assessment
£1,086,033
Improvements Assessment
£2,543,466
Total Assessment
£3,629,499
(206) 324-1400

Contact

  • Listing ID: 32917696

  • Date on Market: 22/08/2024

  • Last Updated:

  • Address: 33520 21st Ave SW, Federal Way, WA 98023

The Retail Property at 33520 21st Ave SW, Federal Way, WA 98023 is currently available for sale. Contact Thomas Company for more information.

Nearby Listings

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33520 21st Ave SW, Federal Way, WA for sale Aerial- Image 1 of 9
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33520 21st Ave SW, Federal Way, WA for sale Building Photo- Image 2 of 9
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33520 21st Ave SW, Federal Way, WA for sale Building Photo- Image 3 of 9
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33520 21st Ave SW, Federal Way, WA for sale Primary Photo- Image 4 of 9
Primary Photo
33520 21st Ave SW, Federal Way, WA for sale Building Photo- Image 5 of 9
Building Photo
33520 21st Ave SW, Federal Way, WA for sale Building Photo- Image 6 of 9
Building Photo
33520 21st Ave SW, Federal Way, WA for sale Building Photo- Image 7 of 9
Building Photo
33520 21st Ave SW, Federal Way, WA for sale Plat Map- Image 8 of 9
Plat Map

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© 2024 CoStar Group

CVS | 33520 21st Ave SW
(206) 324-1400 x

CVS | 33520 21st Ave SW

Grant Morford

(206) 324-1400

(206) 324-1400

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