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9102 Rainier Ave S
Seattle, WA 98118
Jack in the Box | 3+ Years Remain | Low Rent · Retail Property For Sale
PROPERTY FACTS
Amenities
- Bus Line
- Pylon Sign
- Signage
- Drive Thru
About 9102 Rainier Ave S , Seattle, WA 98118
Cushman & Wakefield is pleased to present the exclusive opportunity to purchase 9102 Rainier Avenue South, in Seattle, WA. The fee-simple asset is leased to Jack in the Box, with three years of the initial 18-year term, remaining. The lease includes four options to extend the lease five years each, with 8% rental increases each option. At $65,972 in annual rent, Jack in the Box is paying Below Average when compared to the national average of approximately $130,000 per year. The property is located at the southern end of Seattle, with close proximity to the Seattle-Tacoma International Airport. In 2017, the federal Tax Cuts and Jobs Act was signed into law, which designated the Opportunity Zone to fund businesses /investments in specific communities - the Subject Property is located in an Opportunity Zone (see page 10 for details).
PROPERTY TAXES
| Parcel Number | 426570-0195 | Improvements Assessment | $1,000 |
| Land Assessment | $1,153,400 | Total Assessment | $1,154,400 |
PROPERTY TAXES
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