13303 SE 272nd St - Retail FOR SALE


Kent, WA 98042- Outlying Issaquah
$2,830,000 USD
206-459-3280
13303 SE 272nd St, Kent, WA for Sale
$2,830,000 USD
Retail - FOR SALE
1/8
null | 5.25% Cap Rate

13303 SE 272nd St
Kent, WA 98042
Outlying Issaquah


HIGHLIGHTS

  • Valvoline Instant Oil Change build-to-suit on ±1.718-acre ground lease in Kent, Washington.
  • Zero landlord responsibilities for taxes, insurance, utilities, maintenance, or capital expenditures.
  • Four (4), 5-year renewal options provides up to 35 years of total potential term.
  • The lease is guaranteed by a publicly traded nationally recognized essential auto services brand.
  • High-traffic SE 272nd Street corridor with strong regional accessibility and dense suburban demographics.
  • Structured rent escalations, with 10% at each option period.

OVERVIEW

Northmarq is pleased to present the opportunity to acquire a brand-new 2026 construction Valvoline Instant Oil Change located immediately east of the signalized intersection of Highway 516 and 132nd Avenue SE in Kent, Washington. The Property consists of a 1,676 SF building situated on ±1.718 acres and is subject to a 15-year absolute NNN ground lease with four 5-year renewal options, providing investors up to 35 years of total term. The Property offers zero landlord responsibilities and 10% rent escalations built into every option period. The lease is backed and guaranteed by a publicly traded, nationally recognized tenant, located in one of the Pacific Northwest’s most active suburban markets.

FOR SALE DETAILS

PRICE

$2,830,000 USD

PRICE/SF

$1,689 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Valvoline

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,928 SF

ZONING

CC

APN/PARCEL ID

679220-0031

ASK ABOUT THIS PROPERTY

Joe DugoniNorthmarqMore Info
206-459-3280

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Joe DugoniNorthmarqMore Info
206-459-3280

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.