Former 7-Eleven (Owner/User or Redevelopment)

Available

INVESTMENT HIGHLIGHTS

HIGH-QUALITY 2010 CONSTRUCTION FORMER 7-ELEVEN CONVENIENCE STORE

The Property is a 3,050 square foot convenience store currently leased to 7-Eleven until December, 2025 with monthly rent of $7,707.70. 7-Eleven has given notice to the landlord that they will not be renewing. The new owner will be able to open their own convenience store at the property or redevelop the site into another use at the expiration of the term.

PAD-SITE TO RECENTLY RENOVATED GROCERY ANCHORED SHOPPING CENTER

The Property benefits from being directly adjacent to Towne Square Retail Center, a roughly 154,000 SF shopping center anchored by Grocery Outlet, Ace Hardware, and Goodwill. Towne Square Retail Center recently underwent a significant renovation with over $5,000,000 in improvements including a new storefront.

EXCELLENT VISIBILITY AND ACCESS

The Property features roughly 340 feet of frontage on SE Mile Hill Drive (16,000+ VPD) and is located within a shopping center with large, pylon signage and numerous access points.

LOCATED ADJACENT TO SOUTH KITSAP HIGH SCHOOL

The Property is located adjacent to South Kitsap High School, a 4A high school enrolling more than 2,650 students per year.

INCOME TAX-FREE STATE

Alaska State is an Income Tax-Free State.