15 Year NNN Ground Lease - Spokane MSA
$2,500,000
10707 West Sunset Highway, Spokane, WA 99224
For Sale
Retail
Service Gas Station
Active
Last Updated: 08/16/2022
4.5
Cap Rate
112,800
NOI
Details:
Cap Rate: 4.5%
NOI: $112,800
Class: A
Lease Type: Absolute Net
Year Built: 2019
Tenancy: Single
Investment Strategy: Core
Lease Expire Year: 01/31/2034
Description:
Hawkins Edwards, Inc. is offering for purchase the fee-simple interest in the land at 10707 W. Highway 2. Airway Heights, WA 99224 (the “Property”), in which Maverik Inc. holds a 15-year absolute NNN ground lease, with options. Maverik is currently operating a convenience store and fuel station on the Property. The Property, which fronts State Highway 2, is located at the main intersection where the the only north/south and east/west arterials intersect. An absolute trophy location.
Documents:
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Maverik_-_Airway_Heights__WA.pdf
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Location
Gallery
