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Leased Retail Asset Opportunity

22633 Marine View Drive S Des Moines, WA 98198

22633 Marine View Drive S, Des Moines, WA, 98198
$4,500,000
For Sale
$4,500,000

Single-tenant Jack in the Box with long-term lease.

Lot Size0.54 Acres
Days on Market95

Property Features for 22633 Marine View Drive S

General Information

Standard status
Active
Lot size
0.54 Acres
Property subtype
Commercial

Building Details

Year Built
2006
Listing Agency DBW PRIVATE BROKERAGE LLC
Listed by XIA CUTTER
Source Corcoran
Added: Apr 13 Checked: Jul 16 at 11:54 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DBW PRIVATE BROKERAGE LLC


Investment Insights

Based on property information with market context.

This offering presents the opportunity to acquire a 100% leased, single-tenant retail asset occupied by Jack in the Box, Inc. The freestanding building is situated on 23,630 square feet of land at the intersection of Marine View Drive and South 227th Street. The property benefits from visibility and proximity to Des Moines Marina and Seattle-Tacoma International Airport. The property features a lease through November 2029, with four 5-year renewal options and CPI-based rent escalations, providing cash flow within the Puget Sound corridor.

Key Highlights

  • 100% leased to Jack in the Box, Inc. providing stable cash flow.
  • Long‑term lease through November 2029 with renewal options.
  • Located in a densely populated area of Des Moines, King County.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Drive through restaurants

Suggested Use

Big Box & Wholesale Store Building Supply Auto Parts Store Pharmacy Auto Repair Shop Real Estate Agency Parking Lot & Garage Storage Facility HVAC Service Garden Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Drive through restaurant - Single-tenant Jack in the Box with long-term lease.
Where is this drive through restaurant located?
The property is located at 22633 Marine View Drive S Des Moines, WA.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 100% leased to Jack in the Box, Inc. providing stable cash flow.; Long‑term lease through November 2029 with renewal options.; Located in a densely populated area of Des Moines, King County.
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