19610 7th Avenue NE
Poulsbo WA 98370

Aceituno's Mexican Food

19610 7th Avenue NE Poulsbo WA 98370

Listing #: 680831 | Status: Available | Last Modified: 8/13/2024 |

For Sale
Clayton Brown
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 1,785,000.0
  • $/SF$ 830.2
  • Listing StatusAvailable
  • Days on Market148
  • Asset ClassRetail
  • Terms
Investment Information
  • Investment Type
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Retail Asset Class Info
  • Crane Count
  • Crane Tonnage0
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Second Road Front
  • Grade Level Door Count
  • Tennant Improvement Allowance
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors1
  • # of Units
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF2150
  • Net Rentable Area2150
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF16117
  • Acres0.37
Property Type
  • Property TypeRetail
  • Office Type
  • Building Class
Location
  • CountyKitsap
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaPoulsbo
  • Tax ID #142601-3-074-2004
  • Additional Parcels2023042
  • ZoningC-3
Construction
  • Year Built1988
  • Year Renovated2021
  • Completion Date
  • Roof Type
  • Construction TypeWood

Aceituno's Mexican Food

Public Comments

We have been exclusively selected to market for sale Aceituno's Mexican Food, a newly remodeled Absolute NNN QSR investment located in Poulsbo, WA. In 2022, the Property was completely renovated with a total project cost in excess of $650,000 including a new roof, HVAC, façade, landscaping and interior renovations. The Absolute NNN Lease features rare 2% annual rent increases during the 10-year term, and 2% rent increases in all options, providing an investor with a hedge against inflation and no landlord management or repair responsibilities. The lease is guaranteed by Aceituno's corporate and backed by all 13 locations with a 14th to open soon, as well as a personal guarantee from the owner/founder. The Property is centrally located between the historic downtown Poulsbo and the main free

Search Tags

Drive-Thru, Grocery Anchor, Pad(s), Restaurant, Stand-Alone, Bank

Listing Images