Contacts
John Andreini
CP Partners
Property Details
- Property Type Retail - Street Retail
- Property Size 2,800 SF
- Lot Size 1.21 Acre
- Additional Rent Contact for pricing
- Property Tenancy Single Tenant
- Year Built 1992
- Year Renovated 2020
- Date Updated Oct 29, 2024
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Highlights
- An absolute NNN single-tenant 7-Eleven with 10.4 years remaining and rare 10% increases every five years
- Zero Landlord maintenance or expense responsibilities – tenant handles all expenses directly including repairs & replacements
- Low 7-Eleven rent, average new rents are almost double what they are paying
- Income tax free state
- Top 20% of 7-Eleven locations in U.S. for annual visits, with 313.7K visits at this location, per Placer.ai
- 7-Eleven, Inc. features an investment grade credit rating (S&P: “A”) and 2023 revenues totaled $81.33B
- 7-Eleven completed a ground-up remodel in 2020
- High visibility and excellent access on a hard signalized corner, featuring I-5 freeway frontage with direct on-ramp access
- Nearby retailers include Home Depot, Regal Movie Theater, Discount Tire, Bass Pro Shops, Chips Casino Lakewood
- 281K population within a 5-mile radius
Attachments
Getting around
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Walk Score ®
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Bike Score ®
Location
- City Lakewood, WA
- Neighborhood Oakwood
- Zip Code 98499
- Market Seattle
Points of Interest
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Lakewood
2.42 miles
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South 25th Street
4.27 miles
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S 25th St
4.27 miles
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Tacoma
4.42 miles
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Tacoma Dome
4.43 miles
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Saint Joseph
4.46 miles
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St Joseph
4.47 miles
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Union Station
4.61 miles
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Union Station/South 19th Street
4.61 miles
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Convention Center
4.89 miles
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7-Eleven
0.00 miles
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76
0.21 miles
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Shell
0.24 miles
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Chevron
0.75 miles
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Valero
0.79 miles
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Mobil
0.92 miles
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Arco
1.32 miles
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Tesla Supercharger
1.92 miles
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eVgo
2.35 miles
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Blink
2.48 miles
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Wapato Park Parking Lot
1.22 miles
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I-5/SR-512 Park & Ride
1.54 miles
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South Tacoma West Park & Ride
1.66 miles
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South Tacoma East Park & Ride - South Side
1.75 miles
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South Tacoma Station Park & Ride
1.75 miles
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South Tacoma East Park & Ride - North Side
1.80 miles
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Postal Workers Parking
2.22 miles
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Patient/Visitor Parking
2.39 miles
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Staff Parking
2.40 miles
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Lakewood Station Parking Garage
2.41 miles
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Denny's
0.19 miles
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Subway
0.22 miles
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Jimmy John's
0.32 miles
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Tinder Box
0.34 miles
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Wingstop
0.35 miles
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Round Table Pizza
0.35 miles
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Ginger Palace II
0.37 miles
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Jack in the Box
0.51 miles
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IHOP
0.57 miles
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Burger King
0.62 miles
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H Mart
0.86 miles
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Boohan Market
0.96 miles
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WinCo Foods
1.02 miles
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Tienda Y Carniceria Los Guerreros
1.58 miles
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Paradisio Filipino Food
1.59 miles
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Fred Meyer
1.61 miles
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Grocery Outlet
1.82 miles
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Safeway
2.16 miles
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Big Lots
2.17 miles
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QFC
2.28 miles
In-Depth Research Available for this Property
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Contact Listing Broker
John Andreini
CP Partners