- For Sale $4,900,000
- Property Type Retail - Freestanding
- Property Size 2,801 SF
- Units 1
- Lot Size 1.26 Acre
- Property Tenancy Single Tenant
- Building Class C
- Year Built 1992
- Year Renovated 2020
- Date Updated May 12, 2026
Description
High visibility and excellent access on a hard signalized corner 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 radiusAn 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 with the passing of the Big Beautiful Bill.
Highlights
- 10% increases every five years
- An absolute NNN single-tenant 7-Eleven with 9.5 years remaining and rare
- at this location, per Placer.ai
- expenses directly including repairs & replacements
- Investment Highlights
- Low 7-Eleven rent, average new rents are almost double what they are
- No Personal Income tax free state, No Corporate Income State Tax, No Inventory State Tax.
- paying
- Top 20% of 7-Eleven locations in U.S. for annual visits, with 313.7K visits
- Zero Landlord maintenance or expense responsibilities – tenant handles all
False
Contacts
Bryan Webb
Acuity Private Capital
Location
Located at 8306 Tacoma Mall Blvd, Lakewood, WA 98499, this property is part of the Oakwood neighborhood and Seattle market.
Contact Listing Broker
Bryan Webb
Acuity Private Capital
