KW Mountains To Sound Realty
Alex Augustyn, KW Mountains To Sound RealtyPhone: (253) 266-4917
Email: [email protected]
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listing
1 of 9
Listing Provided Courtesy of Compass
CommercialFor Sale
$1,499,000
221 Central Avenue
Kent, WA 98032
Listing Provided by: NWMLS
Est. Mortgage
$7,838/mo

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

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