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Kura Sushi 3321 184th St SW

3,833 SF Retail Building Lynnwood, WA 98037 $9,891,518 CAD ($2,581 CAD/SF) 4.70% Cap Rate

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Investment Highlights

Kura Sushi USA, Inc. signed a new 15-year lease with zero landlord obligations
The opportunity to acquire a free-standing retail pad in the Alderwood trade area is extremely rare.
Kura Sushi's lease contains 10% increases every 5 years increasing the initial cap rate by approximately 50 basis points every 5 years

The lease is corporately guaranteed by Kura Sushi USA, Inc.
Kura Sushi is making a large capital investment to fully renovate the building
Although not a part of the offering, H-Mart is strong and high-performing and provides significant draw and stability to the property

Executive Summary

Kura Sushi presents an exceptional investment opportunity, benefiting from a new 15-year absolute net lease. Located in an unparalleled location across the street from Alderwood Mall, this offering includes contracted rental increases and is backed by a strong credit tenant. The property features a fully remodeled free-standing pad building, shadow anchored by H-Mart grocery.

Kura Sushi_Lynnwood, WA_Brochure