221 Central Avenue Kent, WA 98032
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
- Property TypeCommercial
- NeighborhoodKent
- CountyKing
- Taxes$8,967
- HOA/Condo/Coop Fees$0
- Days on Site172 Days
- MLS StatusActive
- MLS ID Number2199397
- Home Size Source N/A
- Year Built2011
- Lot Size0.3059 Acres
- Full BathsN/A
- Partial BathsN/A
Sell your house quickly!
Get multiple potential cash offers for your home. Fast and hassle-free!
Learn MoreRecent Activity For 221 Central Avenue Kent, WA 98032
| 3 weeks ago | |
| 3 weeks ago | |
| 6 months ago |
Don't miss a thing!
Get updates on new activity for this listing
General Features
- Building Features Sprinklered
- Parking Spaces 0
- Acreage 0.3059
- Water Public
- Sewer Sewer Connected
- Parking Total 0
Interior Features
- Cooling Central A/ C
- Heating Forced Air
- Fireplaces 0
- Fireplace No
Exterior Features
- Roof Flat
- Exterior Wood
Community Features
- Association Dues 0
- Senior Community No
- MLS Area 330 - Kent
- Building Features Sprinklered