NNN Property with Lease
For Sale
Contact for pricing
816 S Spruce St, Burlington, WA 98223
SRS Distribution occupancy is supported by an extended lease, scheduled annual increases, and a corporate guarantee.
Property Size14,400 SF
Days on Market183
Property Features for 816 S Spruce St
General Information
Standard status
Active
Size
14,400 SF
Property subtype
Commercial
Lease Term
±5 YRS
Building Details
Building Size
14,400 SF
Year Built
1985
Listing Agency:
Matthews Real Estate Investment Services
Listed By:
Brett Davis · License #02116782 (CA)
(424) 217-7709
Source:
Matthews
Added: Apr 24
Changed: Oct 16
Last Checked: Oct 20 at 5:10PM
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 Matthews Real Estate Investment Services
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This NNN property is associated with SRS Distribution and features a newly executed lease extension. The lease includes annual rent increases and a corporate guarantee, providing defined contractual terms for the investment. The property is located at 816 S Spruce St in Burlington, Washington.
Key Highlights
- Newly executed lease extension
- Annual rent increases incorporated into the lease
- Corporate guarantee supports the tenancy
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
974
Businesses Nearby
Explore this area
Business Placement
Demographics for 98223, WA
45,139
Population
18,224
Households
2.5
Avg Household Size
40
Median Age
21%
College-Educated
93%
High-School Grad
316.2 sq mi
ZIP Area
143
Density / Sq Mi
$96,478
Median Household Income
$52,487
Median Earnings
$1,780
Median Rent
$556,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
NNN property - SRS Distribution occupancy is supported by an extended lease, scheduled annual increases, and a corporate guarantee.
Where is this nnn property located?
The property is located at 816 S Spruce St Burlington, WA.
What are key features of this property?
This property features: Newly executed lease extension; Annual rent increases incorporated into the lease; Corporate guarantee supports the tenancy
