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Listed by:DBW Private Brokerage LLC • Xia Cutter
$ 4,500,000
Est. payment /mo
New
22633 Marine View DR S Des Moines, WA 98198
0.54 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Des Moines Waterfront
MLS Listing ID 2506455
Style 75 - Retail
Year Built 2006
Lot Size 0.542 Acres
Property Sub-Type Commercial Industrial
Property Description
This offering presents a rare opportunity to acquire a 100 % leased, single-tenant retail asset occupied by Jack in the Box, Inc. in the highly accessible and densely populated submarket of Des Moines in King County. The freestanding building is situated on 23,630 SF of land at the intersection of Marine View Drive and South 227th Street, benefiting from excellent visibility and proximity to Des Moines Marina and Seattle-Tacoma International Airport, along with limited fast-food competition in the immediate area. The property features a long-term lease through November 2029, with four 5-year renewal options and CPICPI-based rent escalations, providing stable cash flow within the growing Puget Sound corridor.
Location
State WA
County King
Area 120 - Des Moines/Redondo
Interior
Fireplace false
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
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