$1,100,000
3224 S Tacoma Way
Listing Type: For Sale
Property Type: Industrial, Retail
Status: Available
CBA ID#: 671931
3224 S Tacoma Way
Tacoma, WA 98409

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Commercial Property

Marketing Description:

Priced To Sell Self-Service Gas Station Located In The Thriving City Of Tacoma, WA. FLEXIBLE OWNER FINANCING. 2018: $69,075. 2019: $74,573. 2020: $65,588. 2021: $67,757. 2022: $69,960. Totaling $346,953 At A Average of $69,391. Leased To A Reliable National Tenant Operating Under A Triple Net Lease Agreement Until 5.31.26. Monthly Rent $5,023.41. Additional Revenue Stream $.015 Per Gallon Bonus For Sales Exceeding 40,000 Gallons, Coupled With An Annual CPI Increase. September 2023 was 64,000 gallons. Solid 6.3% Avg Cap Rate. Excellent Location On A Spacious 16,750 Sqft Corner Lot Along The South Tacoma Way. Furthermore, A “No Further Action Report” From The Washington State Department Of Ecology Is Coming Soon Since The Tanks Were All Replaced In The 1990s. There's A Strong Likelihood Of T

Land Features:

  • Lot Size: 16771 SqFt
  • Lot Acreage: 0.39 Acres
  • Zoning: M1-STGPD-ST-M/IC

Building Features:

  • Building Size: 288 SqFt
  • Number of Floors: 1
  • Cap Rate: 0.00%
  • Year Built: 1992
This Listing Supplied Courtesy of Real Estate 2000 Corp.
Information is based on data available to the associate, including county records.
The information has not been verified by the associate and should be verified by the buyer.
Properties with the CBA logo are listed by the Commercial Brokers Association
The associate of this site is not a multiple listing service but is a member of a local MLS.
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