Pasco, WA - Mister Car Wash & Wake Up Call Coffee
$5,800,000
7200 & 7204 Burden Blvd, Pasco, WA 99301
6.25
Cap Rate
362,907
NOI
Details:
Description:
• The property totals 4,730 square feet and is divided into 2 buildings with Mister Car Wash occupying 3,500 square feet and Wake Up Call Coffee occupying 1,230 square feet
• Both leases feature rare annual rental increases, steadily growing NOI and hedging against inflation
• The offering consists of a diverse, ecommerce resistant tenant lineup comprised of service and dining tenants creating a stabilized, income stream for a new investor
• Both tenants operate under leases which are NNN, limiting expense leakage for a future investor
• The asset is located adjacent to Interstate 182, which averages 58,000 vehicles passing by daily and is a major thoroughfare serving the city of Pasco
• The subject property is ideally situated as an outparcel to Lowe’s Home Improvement a 99,000 square foot store shadow anchored by Petco and Aspen Dental
• The site is located just south of Pleasant Run Towne Crossing, a 212,000 square foot shopping center anchored by Target and PetSmart
• Mister Car Wash & Wake Up Call have excellent visibility and access for customers along Burden Blvd
Location

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