Established Starbucks Investment
For Sale
$1,225,000
2008 6th Ave, Tacoma, WA 98405
Established Starbucks location with lease in place until 2028.
Property Size824 SF
Price / SF$1,486
Days on Market1165
Property Features for 2008 6th Ave
General Information
Standard status
Active
Size
824 SF
Property subtype
Commercial
Building Details
Year Built
2004
Listing Agency:
NAI PUGET SOUND PROPERTIES
(206) 388-6030
Listed By:
AL ROBERTSON
Source:
Corcoran
Added: Jun 2, 2023
Changed: Aug 8
Last Checked: Aug 8 at 4:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI PUGET SOUND PROPERTIES
Investment Insights
Based on property information with market context.
This property has been an established Starbucks location since 2008. The current lease term is from March 1, 2023, to February 28, 2028. There are two remaining lease extension terms available: March 1, 2028, to February 28, 2033, and March 1, 2033, to February 28, 2038. The property size is 824 square feet. This property is suitable for coffee shops, restaurants, retail properties, NNN retail properties, NNN properties, and investment purposes.
Key Highlights
- Established Starbucks location, open since 2008.
- Current lease in place from 3/1/23 to 2/28/28.
- Two remaining lease extension terms available.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,631
Businesses Nearby
74k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 49%
Groceries 29%
Shops & Services 18%
Home Improvements & Furnishings 4%
Safeway
Groceries
21,361 visits/mo
0.5 miles
Taco Bell
Dining
14,440 visits/mo
0.5 miles
Jack in the Box
Dining
10,701 visits/mo
0.1 miles
Starbucks
Dining
10,683 visits/mo
0.0 miles
ARCO
Shops & Services
7,962 visits/mo
0.3 miles
Demographics for 98405, WA
24,617
Population
11,645
Households
2.1
Avg Household Size
37
Median Age
31%
College-Educated
94%
High-School Grad
4.1 sq mi
ZIP Area
6,004
Density / Sq Mi
$80,024
Median Household Income
$51,028
Median Earnings
$1,480
Median Rent
$443,800
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Manifesto Coffee — 1003 S 11th St, Tacoma, WA 98405
- Classic Coffee Drive-Thru & Café — 1213 S Sprague Ave, Tacoma, WA 98405
- Tacoma Java Co. — 2703 6th Ave, Tacoma, WA 98406
- Gregorys Coffee — 502 S Steele St, Tacoma, WA 98405
- Obscura — 1308 M.L.K. Jr Way, Tacoma, WA 98405
Frequently Asked Questions
What type of property is this?
Coffee shop - Established Starbucks location with lease in place until 2028.
Where is this coffee shop located?
The property is located at 2008 6th Ave Tacoma, WA.
What is the asking price?
The asking price for this property is $1,225,000.
What are key features of this property?
This property features: Established Starbucks location, open since 2008.; Current lease in place from 3/1/23 to 2/28/28.; Two remaining lease extension terms available.
