221 Central Avenue$1,499,000For Sale

For Sale
Don't miss out on this incredible investment property with a nationally recognized credit tenant - Jack in the Box. Located on a heavily traveled arterial in downtown Kent, this prime corner lot is in close proximity to the mall, ShoWare Center, City Hall, and Transit Center. The building, completely re-built in 2011, showcases Jack in the Box's new restaurant model with outdoor service counters, a small patio area, drive-through lane, and ample parking. With over 50 years of history at this location, Jack in the Box has signed a long-term lease running through 2026, with two five-year extensions and 10% annual escalators at each option renewal. The lease is NNN, providing a hassle-free investment experience. Featuring at a 5.03% Cap rate

0.31 Acres lot

Michael Piccolo

Michael Piccolo

Features & Amenities

Area & Lot

  • Status For Sale
  • Lot Area0.31 Acres
  • MLS® ID2199397
  • TypeCommercial
  • YEAR BUILT2011


  • water SourcePublic
  • roofFlat
  • HEAT TYPEForced Air
  • sewerSewer Connected
  • other exterior FeaturesWood


  • Sales Price$1,499,000
  • Real Estate Tax $8,967/yr

Work With Us

We are the only full service, investment-minded real estate company in the Pacific Northwest. Our brokerage is a home for investment-minded Agents, and our Investment Specialists work directly with clients to source and profit from investment properties.