6805 176Th St E Puyallup, WA 98375
Single tenant NNN leased retail property in fast growing area.
Property size:
3,998 SFProperty Features for 6805 176Th St E
General Information
- Standard status
- Active
- Size
- 3,998 SF
Building Details
- Year built
- 1984
Source:
Corcoran
Listing Agent: Tia Yeo
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Free-Standing Retail Property on Large Lot
This is a single tenant free-standing retail property with 3,998 square feet of space, situated on a 1.67-acre lot. Located in the fast-growing area of Puyallup/Frederickson, the property offers extra lot space. It is currently under a NNN lease with a base rent of $8,000 per month, which is a 5.65% cap rate at the listing price. A proforma 6% cap rate is projected in 3 years with a 3% annual increase. Maintenance is to be added on NNN. All major upgrades have been completed.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
ATM
Atm
Ricky J's Restaurant ...
Bar & Grill
Location Insight
- Map
- Local Demand
- City
- Puyallup
- County
- Pierce
- State
- Washington
- Longitude
- -122.3384643
- Latitude
- 47.0969904
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FAQs
What type of property is this?
NNN property - Single tenant NNN leased retail property in fast growing area.
Where is this nnn property located?
The property is located at 6805 176Th St E Puyallup, WA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: - NNN Lease in place with $8k/month base rent.; - 5.65% Cap Rate at listing price, proforma 6% Cap in 3 years with 3% annual increase.; - 3,998 sqft Free-Standing building on 1.67 acre lot.