Listed by Westlake Associates, Inc.
$3,400,000
Terminal Building
Details
APN 982570-0275
Property Type Office, Retail
Sub Type Restaurant, Storefront
Square Footage 7,015
Net Rentable (SqFt) 6,943
Units 3
Cap Rate 6.03%
NOI $205,157
Lease Type NNN
Price per SqFt $485
Year Built 1970
Buildings 1
Stories 2
Lot Size (SqFt) 18,600
Zoning DCE
Investment Type Net Lease
Office | 6.03% CAP | 7,015 SqFt
Marketing description
The Terminal Building is a fully leased, multi-tenant commercial property situated in the heart of downtown Kent, Washington — one of the South Sound’s most dynamic and rapidly evolving urban centers. The building is leased to three distinct tenants across food & beverage, professional services, and retail commercial uses, providing a diversified and resilient income base under a triple-net lease structure. With strong near-term lease activity and a location proximate to Kent Station’s growing retail and entertainment ecosystem, the Terminal Building represents a compelling stabilized investment opportunity.
Listing Contacts
Listed by Westlake Associates, Inc.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$205,157.00
$17,096.42/mo
Valuation Metrics
0
DSCR
6.03%
Cap Rate
6.03%
ROI
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