Description
Rainier Ave Commercial lot with Corporate absolute NNN tenant in place Jack In the Box! This high traffic corner lot location has high traffic and a steady tenant with 3 extensions in place that can take you to 2042! 10% bumps in rent. This is a sold buy and hold for your portfolio at a current 4.3% cap. Collect the rents, while the tenant pays all expenses! Clean environmental report when purchases a few years ago. Built in 2004!
Property Details
- Style60 - Comm Bldg Und 10K
- Property SubtypeCommercial Industrial
- Date ListedMarch 27, 2025
- Structure TypeUnspecified
- Original List Price$1,500,000
- Property TypePurchase
- Taxes Annual$13,052
- MLS #2349485
- Cost1500000
- MLS #2349485
- Acres0.3531
- SubdivisionDunlap
- Year Built2006
- CountyKing
- Days on Market (Cumulative)3
Location
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2025-03-27 22:28:13. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Michael Piccolo (#NWM118302)
Listing Office: COMPASS (#NWM4704)
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