Kent WA Commercial for Sale
$1,499,000
221 Central Avenue Kent, WA 98032
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2011
- Baths:
- MLS#:
- 2199397
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Courtesy: COMPASS
425-637-7777
Michael Piccolo
ADDITIONAL INFORMATION
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
$9,500,000
418 Central Avenue N Kent, WA 98032
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Courtesy: Keller Williams Realty PS
253-835-4500
Austin Scarsella
ADDITIONAL INFORMATION
Unbelievable commercial opportunity in a prime location on a corner lot!! Almost an entire block located right on Central Ave in Kent with access to E Pioneer, HWY 516 (Smith Street), and State Ave N. Rare GC-MU-DCE General Commercial/Mixed Use/Downtown Commercial Enterprise zoning in a TOD allows so much! Level, easy access, seconds away from Kent Train Station, Schools, Shopping, and Restaurants. Easy drive to HWY 167.
$530,000
116 Central Ave Kent, WA 98032
- Type:
- General Commercial
- Sq.Ft.:
- 2,500
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1954
- Baths:
- MLS#:
- 23637119
View additional info
Courtesy: Keller Williams Realty Portland Premiere
503-597-2444
ADDITIONAL INFORMATION
Estimated Stabilized CAP at 10%! Each Unit has: Front door off Central Ave N; Front retail area has ceramic tile floors; separate office, storage & bathroom: furnace; Separate meters (240 V, 3W & 60 HZ); Back door which opens to gravel parking lot. Unit 118 (900 SF) is occupied by a Beauty Salon. Unit 114 is 900 SF & Unit 116 is 700 SF and both are vacant at this time. Flat sealed membrane roof. Exterior walls: concrete block. Foundation-slab.
Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Kent Real Estate
The median home value in Kent, WA is $664,000. This is higher than the county median home value of $620,900. The national median home value is $219,700. The average price of homes sold in Kent, WA is $664,000. Approximately 57.59% of Kent homes are owned, compared to 38.32% rented, while 4.09% are vacant. Kent real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Kent real estate agent to arrange a tour today!
Kent, Washington has a population of 126,561. Kent is less family-centric than the surrounding county with 34.41% of the households containing married families with children. The county average for households married with children is 35.76%.
The median household income in Kent, Washington is $64,573. The median household income for the surrounding county is $83,571 compared to the national median of $57,652. The median age of people living in Kent is 34.1 years.
Kent Weather
The average high temperature in July is 77.7 degrees, with an average low temperature in January of 36.3 degrees. The average rainfall is approximately 45.1 inches per year, with 6.8 inches of snow per year.