$1,750,000
1102 28th Avenue Court
Listing Type: For Sale
Property Type: Retail
Status: Available
CBA ID#: 676195
1102 28th Avenue Ct
Milton, WA 98354

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Commercial Property

Marketing Description:

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.

Land Features:

  • Lot Size: 11631 SqFt
  • Lot Acreage: 0.27 Acres
  • Zoning: B
  • Total Parking: 6
  • Uncovered Parking: 6

Building Features:

  • Building Size: 573 SqFt
  • Available Space: 573 SqFt
  • Number of Floors: 1
  • Cap Rate: 0.00%
  • Year Built: 2023
This Listing Supplied Courtesy of Windermere R.E. Northeast, Inc
Information is based on data available to the associate, including county records.
The information has not been verified by the associate and should be verified by the buyer.
Properties with the CBA logo are listed by the Commercial Brokers Association
The associate of this site is not a multiple listing service but is a member of a local MLS.
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