Net Leased Drive-Through
For Sale
Contact for pricing
340 Cleveland Ave SE, Tumwater, WA 98501
Net leased Starbucks with a drive-thru in Tumwater, offered as a leasehold interest subject to an existing ground lease.
Property Size3,000 SF
Price / SF$596.37
Days on Market65
Property Features for 340 Cleveland Ave SE
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Retail
Zoning
General Commercial
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$98,400
Building Details
Year Renovated
2021
Tenancy
Single
Listing Agency:
Kidder Mathews Seattle
Listed By:
Parker Ksidakis · License #WA 130245
(206) 292-6158
Source:
Crexi
Added: Jul 2
Changed: Aug 8
Last Checked: Sep 1 at 7:11PM
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 Kidder Mathews Seattle
Investment Insights
Based on property information with market context.
This net leased Starbucks features a drive-thru, offered as a leasehold interest subject to an existing ground lease. The property is positioned as a passive investment backed by an investment-grade tenant.
Located at 340 Cleveland Ave SE in Tumwater, Washington, the opportunity is presented for sale by Kidder Mathews. Interested parties should note the leasehold structure tied to the existing ground lease.
Located at 340 Cleveland Ave SE in Tumwater, Washington, the opportunity is presented for sale by Kidder Mathews. Interested parties should note the leasehold structure tied to the existing ground lease.
Key Highlights
- Net leased Starbucks in Tumwater, WA, offered as a leasehold interest subject to an existing ground lease
- Drive‑thru Starbucks location
- Tenant is described as investment‑grade, with the offering structured as passive investment
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
509
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 98501, WA
45,274
Population
19,969
Households
2.3
Avg Household Size
40
Median Age
48%
College-Educated
97%
High-School Grad
34.9 sq mi
ZIP Area
1,297
Density / Sq Mi
$95,695
Median Household Income
$55,909
Median Earnings
$1,600
Median Rent
$485,200
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Starbucks — 340 Cleveland Ave SE, Tumwater, WA 98501
- Starbucks — 520 Cleveland Ave SE, Tumwater, WA 98501
- Capital Perks Espresso — 3302 Capitol Blvd SE, Tumwater, WA 98501
- Olympia Coffee Roasting — 2824 Capitol Blvd SE, Olympia, WA 98501
Frequently Asked Questions
What type of property is this?
Coffee shop - Net leased Starbucks with a drive-thru in Tumwater, offered as a leasehold interest subject to an existing ground lease.
Where is this coffee shop located?
The property is located at 340 Cleveland Ave SE Tumwater, WA.
What is the asking price?
The asking price for this property is $1,789,100.
What are key features of this property?
This property features: Net leased Starbucks in Tumwater, WA, offered as a leasehold interest subject to an existing ground lease; Drive‑thru Starbucks location; Tenant is described as investment‑grade, with the offering structured as passive investment
