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823 CENTRAL AVE N
KENT, WA 98032
Asking Price
Contact for price
Asset Type
Flex Retail
Class
Class B
What's Special
<p>Diversified Multi-Tenant Income </p><p>35 suites across 4 buildings with no single-tenant concentration risk Tenant mix spans nonprofits, healthcare, government, staffing, food service, and fitness In-place base rent of $1.86M with $526K in recovery income</p><p></p><p>Attractive Financing Structure</p><p>$13M assumable loan at 3.543% interest-only, matures Feb 2032 (±5.75 yrs remaining) Seller financing available above $28M on mirrored terms Buyer's cash equity fixed at $15M from $28M to ~$3
Free Valuation Calculator
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
