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19215 Filbert Rd 2,200 SF Retail Building Bothell, WA 98012 $6,656,445 CAD ($3,025.66 CAD/SF) 5% Cap Rate
INVESTMENT HIGHLIGHTS
- Strong Corporate Guarantee
- Affluent Community
- Qualifies for Bonus Depreciation
- Proximity to Major National Tenants
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a 7-Eleven located at 19215 Filbert Rd, Bothell, WA 98012. The site consists of roughly 2,200 rentable square feet of building space on an estimated 0.34-acre parcel of land. This 7-Eleven is subject to a 15-year Triple Net (NNN) lease, which commenced 1/4/2021. The current annual rent is $238,425* and has scheduled increases of 10.00% every 5 years.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
2,200 SF
Building Class
C
Year Built
1973
Price
$6,656,445 CAD
Price Per SF
$3,025.66 CAD
Cap Rate
5%
NOI
$332,822 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.46 AC
Zoning
NB
AMENITIES
- Security System
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,103,676 CAD | |
| Land Assessment | $1,087,163 CAD | Total Assessment | $2,190,839 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,087,163 CAD
Improvements Assessment
$1,103,676 CAD
Total Assessment
$2,190,839 CAD
CONTACTS
-
Glen Kunofsky -
Matthew Anuszkiewicz -
Francis Purritano -
Joseph Kelly -
Christopher Marks -
Surmount
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19215 Filbert Rd
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