221 Central Ave Kent, WA 98032 – Jack in the Box

221, Central Ave, Kent, WA  98032

For Sale

Jack in the Box (Status: Available) 1499000

221, Central Ave, Kent, WA  98032

Don’t miss out on this incredible investment property featuring 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 Absolute NNN 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, this well-maintained property o

Listing Details

Asset Class: Retail
Year Built: 1971
Building Total Square Feet: 1484
Available Lease Space Square Feet: 1484
Number of Floors: 1
Total Parking Spaces: 9
Local Zoning Information: GC-MU

CBA

Listing Courtesy of: COMPASS

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.

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