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 purchased a few years ago. Built in 2004!
MLS# | 2349485 |
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Listing Type | For Sale |
Style | Commercial |
Sub-Type | Resale |
Status | Active |
Year | 2006 |
Days On Site | 22 |
Listing Provided By | COMPASS | Michael Piccolo |
Units | 1 |
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Acreage | 0.35 |
State | WA |
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County | King |
City | Seattle |
Zip Code | 98118 |
Area | 380 Southeast Seattle |
Community Name | Dunlap |
Listing VS Median (In Dunlap) | |
Price: $1,500,000 low | high Med: $499,950 On site: 22 low | high Med: 85.000000 |