8424 Pacific Ave, Tacoma, WA 98444
2,312 SF of Retail Space Available in Tacoma, WA 98444
For Lease
Active
Asking Price $62.28 /SF/YR
- Property Type
-
Retail
Listing Contacts
Jonathan Nicoli
Property Overview
This lease listing is tied to a Business Opportunity to also lease the rights to operate a business in the premises (Operating Agreement).
This is an opportunity for a new operator to come in & improve further upon a strong-performing convenience store & gas station. There is also a recently installed kitchen hood & equipment ready for use. The current operations bring in an average monthly of around $70,000 inside sales revenues & 30,000 gallons of fuel sold from the eight (8) unleaded & four (4) diesel pumps available to 25,000 vehicles per day Pacific Ave/Hwy 7 that stretches 60 miles from Tacoma to Morton. Further operational improvements may yield higher gross & net margins.
Furthermore, operating or sublease the kitchen hood for potential takeout orders and/or a quick-serve restaurant may bring an additional revenue stream into the business.
The Offering is for an Operating agreement and the lease of the premises for five to ten (5-10) years and the right of refusal on lease renewal. Training may be provided during transition.
Contact Jonathan Nicoli/Listing Agent 206.330.7100 [email protected]
This is an opportunity for a new operator to come in & improve further upon a strong-performing convenience store & gas station. There is also a recently installed kitchen hood & equipment ready for use. The current operations bring in an average monthly of around $70,000 inside sales revenues & 30,000 gallons of fuel sold from the eight (8) unleaded & four (4) diesel pumps available to 25,000 vehicles per day Pacific Ave/Hwy 7 that stretches 60 miles from Tacoma to Morton. Further operational improvements may yield higher gross & net margins.
Furthermore, operating or sublease the kitchen hood for potential takeout orders and/or a quick-serve restaurant may bring an additional revenue stream into the business.
The Offering is for an Operating agreement and the lease of the premises for five to ten (5-10) years and the right of refusal on lease renewal. Training may be provided during transition.
Contact Jonathan Nicoli/Listing Agent 206.330.7100 [email protected]
Property Details
- Year Built
- 1987
Highlights
- $70K/Mo Inside Sales. 30K/Mo Gallons
- Recently lot repaved & floor/ceiling tiles replaced
All available spaces
- Space
- 1st Floor
- Size
- 2,312 SF
- Term
- 5 - 10 Years
- Condition
- Full Build-Out
- Rate per SF
- $62.28
- Space Subtype
- Relet
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