For Sale
$8,735,910
33520 21St AveFederal Way, WA 98023
High-yield, low-risk retail investment.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 111
Highlights
- Fee-simple CVS Pharmacy, 12,900 SF, Federal Way, WA.
- Absolute triple-net lease with a credit-rated tenant (CVS).
- 20.2-year lease term remaining (including 10 five-year options).
- Asking price: $8,735,910 ($677.20/SF, 6.21% cap rate).
- $542,493 annual net operating income (NOI).
Property Details for 33520 21St Ave
- Property type
- Retail properties, Drug stores
- Square Feet
- 12,900 SF
Location Insight
- City
- Federal Way
- County
- King
- State
- Washington
- Latitude
- 47.3012813
- Longitude
- -122.3602532
33520 21St Ave, Federal Way, Washington
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