Listing courtesy of DBW Private Brokerage LLC 206-669-5127
$4,500,000
This offering presents a rare opportunity to acquire a 100 % leased, single-tenant retail asset occupied by Jack in the Box, Inc. in the highly accessible and densely populated submarket of Des Moines in King County. The freestanding building is situated on 23,630 SF of land at the intersection of… Read More Marine View Drive and South 227th Street, benefiting from excellent visibility and proximity to Des Moines Marina and Seattle-Tacoma International Airport, along with limited fast-food competition in the immediate area. The property features a long-term lease through November 2029, with four 5-year renewal options and CPICPI-based rent escalations, providing stable cash flow within the growing Puget Sound corridor. Read Less
Listing courtesy of DBW Private Brokerage LLC 206-669-5127
Listing Snapshot | Source HomeJunction
Cumulative Days On Market
3
Days on Website
2
Last Updated
Property Type
Retail
Lot Size
0.54 Acres
Year Built
2006
MLS Number
2506455
30 Days Snapshot Of 98198
$673k
+6%
(avg) sold price
27
-10%
homes sold
79
-24%
(avg) days on market
Snapshot
Area Map
Additional Details | Source HomeJunction
Building
Building Area Total: 0, Building Area Units: Square Feet, Calculated Square Footage: 0, Elevation Units: Feet, Living Area: 0, Number Of Units Total: 1, Structure Type: "Retail", Year Built: 2006, Year Built Effective: 2006
Fireplaces
Fireplaces Total: 0
Home Owner's Association
Association Fee: $0
Income
Net Operating Income: 200916
Lot
0 acres, 23630 square feet
Parking
Parking Total: 0
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
The "three tree" icon indicates listings provided by Northwest Multiple Listing Service.
The listings presented here may or may not be listed by Wesley Lau. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of . 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.
The "three tree" icon indicates listings provided by Northwest Multiple Listing Service. The listings presented here may or may not be listed by Iolanthe Chan-McCarthy. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. Listings last updated on .
Confirm your time
Fill in your details and we will contact you to confirm a time.