3920 A Street SE

Retail: Restaurant

3920 A St SE, AuburnWA 98002

Property Details

Location

Address
3920 A St SE, AuburnWA 98002
County
King
Submarket
CBA Auburn
Parcels
3021059096

Building Size

Building Size
2,378 SF
Rentable Space
2,378 SF

Building Details

Type
 Retail: Restaurant
Number of Buildings
1
Occupancy Type
Single Tenant
Number of Tenants
1
Percent Occupied
100%
Building Class
Building Status
Existing
Floors
1
Elevators
Not present
Year Built
1993
Year Renovated
2020
Sprinklers
Parking Ratio

Land & Utilities

Land (Acres)
0.43 Acres
Land (SF)
18,600 SF
Zoning
C3
Lot Depth
Lot Width

Contacts

Current Listings

Absolute NNN Ground Lease, Credit Tenant, Optimal Lease Structure

2,378 SF$2,182,017

Absolute NNN interest in a single-tenant, McDonald’s (the “Property” or “Asset”), located 28 miles south of Seattle in the rapidly growing Federal Way/Auburn submarket. Situated on the East side of A Street, the Asset features a new drive-thru, renovated interior, healthy rental escalations, and and 12 years remaining on the lease. McDonald’s (S&P: BBB+) is well-positioned in a market experiencing stable commercial and residential growth along with upside rental escalation outlined in the lease. This Property represents a truly rare opportunity to purchase a strong national credit tenant with significant intrinsic real estate value and desirable in-place lease economics.

Absolute NNN interest in a single-tenant, McDonald’s (the “Property” or “Asset”), located 28 miles south of Seattle in the rapidly growing Federal Way/Auburn submarket. Situated on the East side of A Street, the Asset features a new drive-thru, renovated interior, healthy rental escalations, and and 12 years remaining on the lease. McDonald’s (S&P: BBB+) is well-positioned in a market experiencing stable commercial and residential growth along with upside rental escalation outlined in the lease. This Property represents a truly rare opportunity to purchase a strong national credit tenant with significant intrinsic real estate value and desirable in-place lease economics.

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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CBA

Source: Commercial Brokers Association (CBA)

More Information

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