East Valley Automotive Center
Multi Tenant Industrial Flex | 30,000 SF
Marketing description
CBRE, Inc., as exclusive advisor to the Seller, is pleased to be bringing to market the rare opportunity to acquire the East Valley Automotive Center, a multi-tenant industrial-flex investment ideally located in north Kent. The Property offers a highly-functional and well-located industrial building with good visibility and access. Located just off East Valley Highway, the site is positioned with convenient access to Highway 167, which directly connects Kent to the I-5 and I-405 interchange. Investors benefit from the proximity to Bellevue and Seattle, as well as the numerous surrounding amenities and Kent’s burgeoning growth. At 100% occupied, the Property provides investors with attractive, in-place cash flow and an ideal 1031 opportunity.
The Owner is offering the Property to qualified potential purchasers on a fee-simple basis and will consider a variety of offers and approaches in the disposition of this site. Investors interested in the site are encouraged to discuss and pursue concepts that best fit their criteria. While it is anticipated that a call for offers date will be established, the Owner reserves the right to review and consider individual offers on the Property as received.
Investment highlights
Highly functional and well-located industrial flex building with numerous surrounding amenities
Coveted, stabilized investment opportunity with upside potential
Good visibility and access with potential for growth in close proximity
Close to I-5 and I-405, interstates directly accessing Seattle and Bellevue, respectively
Long term tenants comprise +/- 70% of net rentable area, annual CPI increases
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