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Rainier Ave Commercial lot with Corporate absolute NNN tenant in place Jack In the Box! This high traffic corner lot location has high traffic and a steady tenant with 3 extensions in place that can take you to 2042! 10% bumps in rent. This is a sold buy and hold for your portfolio at a current 4.3% cap. Collect the rents, while the tenant pays all expenses! Clean environmental report when purchased a few years ago. Built in 2004!
- Neighborhood
- Type
- CountyKing
- Area380 - Southeast Seattle
- Tax Amount$13,052
- StatusActive
- Listing #2349485
- Built2006
- Lot Size0.35
- Listed on site125 days
Listed by:
Compass
Listing information © 2023 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by LaVerne Pike - Windermere Real Estate - and should be verified by the buyer. The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Laverne Pike - Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2025-07-30 23:49:16. DMCA
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Property details
Community Features
- No HOA
- No Adult Community
Exterior features
- No Pool
Property History
| Date | Days Ago | Event | New Price |
|---|---|---|---|
| Jul 9, 2025 | 21 days ago | Price decreased15,000 (1%) | $1,485,000 |
| Mar 27, 2025 | 4 mos ago | New on market | $1,500,000 |
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