INVESTMENT HIGHLIGHTS
HIGH-VISIBILITY I-5 CORRIDOR LOCATION
The Property is located alongside I-5 with exposure to over 200,000 VPD. The Property benefits from excellent visibility, ample parking and large pylon signage.
EARLY 5-YEAR NNN LEASE EXTENSION
Goodwill recently exercised their next 5-year option early showing strong commitment to the site.
NNN LEASE / MINIMAL LANDLORD RESPONSIBILITIES
The NNN lease features minimal Landlord management or repair responsibilities (Landlord responsible for roof & structure).
GLOBAL TENANT WITH OVER 3,200 LOCATIONS
Goodwill Industries is an American non-profit 501(c)(3) organization. The Goodwill enterprise is a network of 155 community-based, autonomous organizations in the United States and Canada with over 3,200 Goodwill stores in North America and a presence in 12 other countries.
LARGE 2.44 ACRE LOT
The Property is surrounded by new developments and features a large, 2.44 acre lot providing for future redevelopment potential.
PRICED SIGNIFICANTLY BELOW REPLACEMENT COST
The Property is priced at roughly $208/SF providing an investor with security and long-term value.
DENSE DEMOGRAPHICS / HIGH-GROWTH MARKET
The Property features a dense surrounding population of over 288,000+ residents within a 5-mile radius. The population has grown nearly 14% since 2010 and is projected to grow almost 8% in the next 5 years.
INCOME TAX FREE STATE
Washington State is an Income Tax-Free State.
Listing Agents:
CLAYTON J. BROWN
