Map of Property

7-Eleven

8306 Tacoma Mall Blvd, Lakewood, WA 98499

  • For Sale $5,670,100
  • 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 Sep 3, 2024
-An absolute NNN 7-Eleven with over 10 years remaining in the primary term, featuring rare 10% rental increases every 5 years. The subject property, which underwent a full rebrand/remodel by 7-Eleven in 2020, includes a convenience store and a gas station with 12 pumps. Its location boasts high visibility with direct freeway frontage on Interstate 5 (157K VPD) in Lakewood, a densely populated Tacoma submarket. Investor benefits from fee simple ownership, conveying both land and improvements, allowing for accelerated depreciation where applicable.

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Attachments

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

Contacts

broker

John Andreini

CP Partners

Location

Getting Around

  • Walk Score ®

    57/100 Somewhat Walkable

  • Bike Score ®

    46/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Lakewood, WA
  • Neighborhood Oakwood
  • Zip Code 98499
  • Market Seattle

Points of Interest

  • Lakewood

    2.42 miles

  • Tacoma Dome

    4.43 miles

  • Theater District/South 9th Street

    5.32 miles

  • Capital Aeroporter Airport Shuttle

    6.82 miles

  • Point Defiance

    8.91 miles

  • 76

    0.21 miles

  • Shell

    0.24 miles

  • Chevron

    0.75 miles

  • Valero

    0.79 miles

  • Mobil

    0.92 miles

  • 76

    0.98 miles

  • Arco

    1.32 miles

  • 76

    1.38 miles

  • 76

    1.46 miles

  • 76

    1.54 miles

  • Wapato Park Parking Lot

    1.22 miles

  • South Tacoma West Park & Ride

    1.66 miles

  • South Tacoma East Park & Ride - South Side

    1.75 miles

  • South Tacoma Station Park & Ride

    1.75 miles

  • South Tacoma East Park & Ride - North Side

    1.80 miles

  • Postal Workers Parking

    2.22 miles

  • Patient/Visitor Parking

    2.39 miles

  • Staff Parking

    2.40 miles

  • Lakewood Station Parking Garage

    2.41 miles

  • Wheeler Parking Lot

    2.58 miles

  • Denny's

    0.19 miles

  • Subway

    0.22 miles

  • Tinder Box

    0.34 miles

  • Round Table Pizza

    0.35 miles

  • Ginger Palace II

    0.37 miles

  • Jack in the Box

    0.51 miles

  • IHOP

    0.57 miles

  • Burger King

    0.62 miles

  • Elmer's

    0.65 miles

  • Taco Bell

    0.76 miles

  • H Mart

    0.86 miles

  • WinCo Foods

    1.02 miles

  • Tienda Y Carniceria Los Guerreros

    1.58 miles

  • Paradisio Filipino Food

    1.59 miles

  • Fred Meyer

    1.61 miles

  • Grocery Outlet

    1.82 miles

  • Grocery Outlet

    1.95 miles

  • Safeway

    2.16 miles

  • Big Lots

    2.17 miles

  • QFC

    2.28 miles

Frequently Asked Questions

How much does 7-Eleven cost?

The space currently listed for sale at 7-Eleven asks for $5,670,100.

What is the total square footage of 7-Eleven?

7-Eleven totals 2,800 square feet.

When was this property built?

7-Eleven was built in 1992.

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Contact Listing Broker

broker

John Andreini

CP Partners