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Listed by COMPASS
$ 1,500,000
Est. payment | /mo
0.35 Acres Lot
$ 1,500,000
Est. payment | /mo
0.35 Acres Lot
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Dunlap
MLS Listing ID 2349485
Style 60 - Comm Bldg Und 10K
Year Built 2006
Annual Tax Amount $13,052
Lot Size 0.353 Acres
Property Sub-Type Commercial Industrial
Property 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!
Location
State WA
County King
Area 380 - Southeast Seattle
Interior
Fireplace false
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
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RSVP Real Estate Group
Real Estate Firm | License ID: 17634
Real Estate Firm License ID: 17634