221 CENTRAL AVENUE
KENT, WA 98032
$1,499,000
N/A Beds
0 Baths
0 Sq Ft
Status Active
MLS# 2199397
Don't miss out on this incredible investment property with a nationally recognized credit tenant - Jack in the Box. Located on a heavily traveled arterial in downtown Kent, this prime corner lot is in close proximity to the mall, ShoWare Center, City Hall, and Transit Center. The building, completely re-built in 2011, showcases Jack in the Box's new restaurant model with outdoor service counters, a small patio area, drive-through lane, and ample parking. With over 50 years of history at this location, Jack in the Box has signed a long-term lease running through 2026, with two five-year extensions and 10% annual escalators at each option renewal. The lease is NNN, providing a hassle-free investment experience. Featuring at a 5.03% Cap rate
Details for 221 CENTRAL AVENUE
Built in 2011
$∞ / Sq Ft
Central A/C
Forced Air
100 Days on website
0.3059 acres lot
Area Information for 221 CENTRAL AVENUE
