700 SE Bishop Blvd

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700 SE Bishop Blvd

Pullman, WA 99163
Asking Price
$1.25M
Cap Rate
6.75%
Asset Type
QSR/Fast Food Retail
Class
Class B

What's Special

12+ Years | 2% Annual Increases | College Town <ul><li>​<strong>​Listed at $1,250,000 </strong>yielding a 6.75% cap rate.</li><li>​<strong>​Long-Term Lease of 12+ Years </strong>provides strong security of income and demonstrates the tenant's commitment to the location.</li><li>​<strong>​Annual Rent Increases of 2% </strong>provide a hedge against inflation.</li><li>​<strong>​Abs. NNN Lease </strong>offers a passive ownership structure for any investor.</li><li>​<strong>​Ecommerce & Recession-Proof Investment </strong>– Quick lube is an esse

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NOI
$80,000
Cap Rate
6.40%
DSCR
1.08
Tight
Cash-on-Cash
1.54%
Monthly Payment
$6,184.318
Annual Cash Flow
$5,788.184

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