LISTING DETAILS

Aceituno's Mexican Food

19610 7th Avenue NE Poulsbo WA 98370

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

Showing Instructions
Call Listing Agent	No
Use Discretion	No

Detail Listing Information
Min Total SF	0 SF
Max Total SF	0 SF
Lease Rate Low	$ 0.00
Lease Rate High	$ 0.00

Retail Information
Signage	Signage on Building and Freestanding

Retail Asset Class Info
Crane Tonnage	0

Building Information
Building Status	Existing
# of Buildings	1
# of Floors	1
Total Building SF	2,150 SF
Net Rentable Area	2,150 SF
Total Office SF	0 SF
Largest Contiguous SF	0 SF
Lot SF	16,117 SF
Acres	0.37
Year Built	1988
Year Renovated	2021
Construction Type	Wood

Property Type
Property Type	Retail

Location
County	Kitsap
Market Area	Poulsbo
Tax ID #	142601-3-074-2004
Zoning	C-3

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

Aceituno's Mexican Food
19610 7th Avenue NE Poulsbo WA 98370

Listing #: 680831 | Status: Available | Listing Date: 5/1/2024 | Last Modified: 8/13/2024 | Email Listing

For Sale

Aceituno's Mexican Food

Listing Images