1102 28th Avenue Court (Status: Available) 1750000

1102, 28th Avenue Ct, Milton, WA  98354

Exceptional high visibility investment property in rapidly developing Milton location. Striking new construction drive through coffee stand offers fabulous curb appeal & long-term lease to popular Gravity Coffee tenant. Guaranteed 5-year lease generates excellent cash flow for future owner with base rent of $8,500/mo + NNN expenses. Tenant pays all utilities directly with option to exercise 4 additional lease extension periods of 5 years each. Lease extensions feature automatic base rent increases of 12.5% per extension. Desirable 11,613 SF level corner lot provides excellent traffic counts & 6 dedicated parking spaces. Incredible opportunity to own a brand new turnkey investment property with steady rental income in a fabulous location.

Listing Details

Asset Class: Retail
Year Built: 2023
Building Total Square Feet: 573
Available Lease Space Square Feet: 573
Number of Floors: 1
Total Parking Spaces: 6
Local Zoning Information: B

Listing Courtesy of: Windermere R.E. Northeast, Inc

Disclaimer: The information contained in this listing has not been verified by Pacific Continental Realty, LLC and should be verified by the tenant or buyer.