135 E Hill St - Showroom FOR SALE


Monroe, WA 98272
$1,090,000 USD
425-238-3847
135 E Hill St, Monroe, WA for Sale
$1,090,000 USD
Showroom - FOR SALE
1/9
null | 7.56% Cap Rate

135 E Hill St
Monroe, WA 98272


HIGHLIGHTS

  • Great investment property with credit tenant. 6 years in to there 15 year lease with 2% annual increases, NNN lease

OVERVIEW

Great investment property with credit tenant. The business has been in operation for over 25 years. The Tenant just exercised there option for an additional 5 years. They have 1 more 5 year option with the current lease. The last 5 years they have been upstanding tenants never late on payment. This is a NNN lease with the tenant responsible for the roof and foundation. Annual increased of 2%. Please inquire with any interested buyers.

FOR SALE DETAILS

PRICE

$1,090,000 USD

PRICE/SF

$172 USD /SF

CAP RATE

7.56%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Showroom

ADD'L SUBTYPES

Auto Repair, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1913

UTILITIES

Lighting, Gas, Water, Sewer

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21

LAND SF

9,268

ZONING

DC

APN/PARCEL ID

270601-001-063-00

ASK ABOUT THIS PROPERTY

Lynee HendricksonInfinity PropertiesMore Info
425-238-3847

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Lynee HendricksonInfinity PropertiesMore Info
425-238-3847

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