2200 Meeker St Kent, WA 98032
Exceptional opportunity to acquire a thriving turnkey bubble tea and Vietnamese coffee cafe in Kent, WA. This 1,090 square foot establishment is ideally situated within a large, newly constructed apartment complex, boasting high visibility and convenient retail parking. The cafe benefits from a welcoming design with abundant natural light from numerous windows. Its flexible layout offers adaptability for various business ventures, whether continuing the current concept or implementing a new dining or retail experience. All fixtures, furniture, and equipment are included, ensuring immediate operational readiness. The current lease extends until 2031, with two five-year renewal options providing long-term stability. The property's prime location near parks, a golf course, and a college campus guarantees a consistent customer base. This is a truly turnkey operation, ready for a new owner to step in and begin generating revenue. The asking price is $95,000, representing a price per square foot of $87.16. Don't miss this chance to own a well-established business in a high-growth area.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.