$1,540,000
Jack in the Box
Listing Type: For Sale
Property Type: Retail
Status: Available
CBA ID#: 677524
221 Central Ave N
Kent, WA 98032

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Commercial Property

Marketing Description:

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

Land Features:

  • Lot Size: 13504 SqFt
  • Lot Acreage: 0.31 Acres
  • Zoning: GC-MU
  • Total Parking: 9
  • Uncovered Parking: 9

Building Features:

  • Building Size: 1484 SqFt
  • Available Space: 1484 SqFt
  • Number of Floors: 1
  • Cap Rate: 0.00%
  • Construction: Wood
  • Year Built: 1971
This Listing Supplied Courtesy of COMPASS
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.
Equal Housing Opportunity