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29166733
29166732

772 Sussex Ave, Tenino, WA 98589

CD
WA 25006802
C & J Realty LLC
Listed by C & J Realty LLC
$1,200,000
144 days on market
Updated 16 days ago

772 Sussex Ave

Details
APN 70970501200
Property Type Industrial
Sub Type Warehouse
Square Footage 4,000
Units 1
Cap Rate 5.50%
NOI $63,453
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 5
Lease Expiration 02/28/2027
Remaining Term 0.7
Rent Bumps Yes
Lease Options none
Price per SqFt $300
Class C
Year Built 2000
Buildings 1
Stories 2
Lot Size (SqFt) 16,200
Zoning Retail
Investment Type Net Lease
Lease Commencement 03/01/2022
Occupancy Date 03/01/2022
Sale Condition 1031 exchange

4000 sq ft warehouse with office

Marketing description

Situated in a quiet, rural pocket just outside downtown Tenino, 7272 Sussex Ave offers the perfect blend of peaceful country living and smart investment potential. Just minutes from I-5, the property provides effortless access to Olympia, Tumwater, Centralia, and JBLM—making it both convenient and highly desirable.

A strong long-term tenant is already in place and would like to remain, creating immediate, reliable passive income with minimal owner involvement. This makes the property an excellent opportunity for investors seeking stability and ease, while still benefiting from the long-term upside of a growing area.

Enjoy the privacy, space, and quiet of a rural setting without sacrificing proximity to local shops, schools, dining, and everyday amenities. Whether you’re looking for a low-maintenance investment or a property that blends lifestyle appeal with income security, this one checks all the boxes.



Investment highlights

True NNN Lease – Tenant pays all operating expenses including taxes, insurance, utilities, maintenance, and exterior upkeep. Landlord responsibility limited to roof and structure only, offering a low-management, passive investment opportunity.

Listing Contacts

CD
WA 25006802
C & J Realty LLC
Listed by C & J Realty LLC

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$63,453.00
$5,287.75/mo

Valuation Metrics

0
DSCR
5.29%
Cap Rate
5.29%
ROI

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Additional Information

Name
Cassandra Day
License
25006802
Brokerage
Cassandra Day
Title
Managing Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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