22422 83rd Ave S | Kent, WA 98032
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- LoopNet Team
22422 83rd Ave S
Kent, WA 98032
7-Eleven - Kent · Retail Property For Sale
Investment Highlights
- BRAND NEW BUILD-TO-SUIT CONSTRUCTION OCCUPIED BY 7-ELEVEN CORPORATE, AN INVESTMENT GRADE CREDIT TENANT (S&P: AA-).
- ADJACENT TO A NEWLY CONSTRUCTED STARBUCKS DRIVE-THRU.
- STRONG LOCAL DEMOGRAPHIC WITH AVERAGE INCOMES OF $93,000 AND 262,000 RESIDENTS WITHIN 5 MILES.
- 15-YEAR NNN LEASE WITH 7.5% RENT INCREASES EVERY 5 YEARS.
- BENEFITS FROM COMMUTER TRAFFIC AND EXPOSURE TO 125,000 VPD, SITUATED DIRECTLY OFF HWY 167 ON-OFF RAMPS.
- CLOSE PROXIMITY TO NUMEROUS SEATTLE MSA EMPLOYERS, INCLUDING BOEING, R.E.I. HEADQUARTERS, AND AN AMAZON FULFILLMENT CENTER.
PROPERTY FACTS
Property Type
Retail
Building Size
3,010 SF
Year Built
2020
Number of Floors
1
Building FAR
0.08
Lot Size
0.84 AC
Parking
5.32 Spaces per 1,000 SF Leased
PROPERTY TAXES
| Parcel Number | 132204-9354 | Improvements Assessment | £930,721 |
| Land Assessment | £739,731 | Total Assessment | £1,670,452 |
PROPERTY TAXES
Parcel Number
132204-9354
Land Assessment
£739,731
Improvements Assessment
£930,721
Total Assessment
£1,670,452
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