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533 Custer Way SE

Tumwater, WA 98501
  • $1,695,000
  • STATUS: Active
  • ON SITE: 5 Days
  • ID#: 1866904
New On Site 5 Days Ago
UPDATED: 61 min ago
$1,695,000
  • 0
    BEDS
  • 0.42
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1985
County:

School Ratings & Info

Listing Courtesy of Vip International R/E Group.

Description

Exceptional investment opportunity! Free-standing building with large parking lot occupied by 3 tenants with NNN lease. Ideally located on the corner of two busy streets and near Starbucks, Safeway, US Post Office, gas stations, restaurants, and more! Tenant have long-term leases and have always paid rent on time. All property expenses are billed back to the tenant and tenants are responsible for all repairs and maintenance. Cap rate is at 6.29%!

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-11-29T14:15:13.437.

www.kwbellingham.net/homes/123502363
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533 Custer Way SE Tumwater, WA 98501

  • Price: $1,695,000
  • Status: Active
  • On Site: 5 Days
  • Updated: 61 min ago
  • ID#: 1866904
0
Beds
0
Baths
0
½ Baths
0.42
Acres
1985
Built
Neighborhood:
Olympia
County:
Thurston
Area:
Olympia South
Property Description
Exceptional investment opportunity! Free-standing building with large parking lot occupied by 3 tenants with NNN lease. Ideally located on the corner of two busy streets and near Starbucks, Safeway, US Post Office, gas stations, restaurants, and more! Tenant have long-term leases and have always paid rent on time. All property expenses are billed back to the tenant and tenants are responsible for all repairs and maintenance. Cap rate is at 6.29%!
Exterior Features

Carport YN No Open Parking YN No Parking Total 0 Structure Type Retail Style Code 75 - Retail Topography Level

Interior Features

Building Area Total 0 Fireplace YN No Furnished Unfurnished Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Electric On Property YN No FIRPTAYN No First Right Of Refusal Yes Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 106690 Possession ClosingTenant's Rights Possible Use Commercial Property Sub Type Commercial Industrial Senior Community YN No Sewer Sewer Connected Special Listing Conditions None Tax Annual Amount 14000 Tax Year 2022 Utilities Sewer Connected Water Source Public Zoning Class Commercial Zoning Jurisdiction County

Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Keller Williams Western Realty and should be verified by the buyer.


The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-11-29T14:15:13.437.

 
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Keller Williams Western Realty
2211 Rimland Drive, Suite 124
Bellingham WA, 98226
Listing Courtesy of Vip International R/E Group.