Leased Retail Asset
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
(206) 669-5127
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
Similar For Sale Nearby
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.