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3321 184th St SWLynnwood, WA 98037
Kura Sushi
Asset ClassRetail
#4 U.S. Location | 15-Year Absolute NNN Lease
overview of deal

Overview

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.

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Investment Highlights

  • New 15-year Absolute Net Lease
  • 15-year absolute net lease, zero landlord obligations
  • Corporately guaranteed by Kura Sushi USA, Inc. (94 US locations, $560M market cap)
  • Only free-standing Kura Sushi building in the US
  • $3M+ remodel completed 2025
  • Across from Alderwood Mall, shadow anchored by top-performing H-Mart
  • 365,000+ people, $150K+ average HH income within 5 miles
  • 10% rent increases every 5 years

OFFERING DETAILS

Terms of the Offering
Purchase Price
$5,900,000
Year-1 NOI
$325,805
Year-1 Cap Rate
5.5%
2030 Cap Rate
6.1%
Building Area
3,833 SF
Land Area
0.63 Acres
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deal gallery image
3321 184th St SWLynnwood, WA 98037

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