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25350 Pacific Hwy S
Kent, WA 98032 Lake Fenwick

$2,400,000 USD

Fast Food For Sale  •  2,811 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 2,811 SF
  • Lot Size 1.13 AC
  • Building Class B
  • Year Built 2011
  • Cap Rate 5.52 %
  • Tenancy Single
  • Zoning GC
40 Transit Score
50 Walk Score

Highlights

New 5-Year Lease Extension
Absolute Net Ground Lease With Zero Management Responsibility
Strong 100-Unit Franchisee
2022 Renovation | Modern Wendy's Prototype
2011 Build-To-Suit | 15-Year Historical Occupancy
Pad to Nationally Top 2% Ranked Fred Meyer (1.7M Annual Visits) | High-Traffic, Signalized Hard Corner Location on Pacific Hwy S (30,000+ VPD)

Property Flyers

Financial Summary (Actual)

Net Operating Income: $132,434 USD (2026)
Cap Rate: 5.52 %

Major Tenants

Tenant SF Occupied Lease End Date
Wendy's 9/30/2031

Amenities

  • Signage
  • Drive Thru

Public Transportation

AirportDriveWalkDistance
Seattle-Tacoma International 16 min - 6.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 33
Type: Surface
Included in Rent: Yes
Clayton Brown 206-826-5787 Marcus & Millichap
Clayton Brown 206-826-5787 Marcus & Millichap