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24250 Pacific Hwy S
Kent, WA 98032
Asking Price
$4.52M
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 5.46 acres <ul><li>Develop Up to 71,500 Sf of Retail</li><li>Development Site With All Utilities Stubbed to Site</li><li>Next to Lowe's and Starbucks Anchored Center</li><li>Blocks With High Visibility to Kent Des Moines Station Sound Transit Rail Station</li><li>Rail Transit Projected to Reach 18,000 – 23,000 Daily Riders by 2028</li><li>Site Elevation Provides Sign Visibility From Interstate 5</li></ul>
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NOI
$80,000
Cap Rate
1.77%
DSCR
0.30
Underwater
Cash-on-Cash
-13.89%
Monthly Payment
$22,372.389
Annual Cash Flow
$-188,468.665