135 Hl St Monroe, WA 98272-1530
This exceptional investment opportunity presents a 100% occupied, general commercial building located at 135 E Hill Street in Monroe, WA. The property consists of two connected parcels and houses a Crash Champions Collision Repair Facility, a highly creditworthy tenant, under a 15-year lease with four years remaining. The lease includes a favorable annual rent increase of 2%, providing consistent and predictable income growth. The building's strong occupancy and long-term lease provide significant stability and a compelling return on investment. This is an ideal asset for investors seeking a secure, income-generating property with a proven tenant and a substantial remaining lease term. The property's location in Monroe, WA offers access to a growing market and convenient transportation links. Serious inquiries only
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Crash Champions Collision Repair Monroe Auto Repair Shop
The purpose of the downtown commercial zone is to integrate civic, commercial, entertainment, cultural, and residential uses and increase economic and urban activity levels within the zone. Development standards or guidelines applicable to the downtown commercial zone enhance opportunities for significant growth of office, commercial, and residential project…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
DC · Monroe, WAThe purpose of the downtown commercial zone is to integrate civic, commercial, entertainment, cultural, and residential uses and increase economic and urban activity levels within the zone. Development standards or guidelines applicable to the downtown commercial zone enhance opportunities for significant growth of office, commercial, and residential projects in the city’s core
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.
