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135 E Hill St 6,326 SF 100% Leased Industrial Building Monroe, WA 98272 $1,090,000 ($172.30/SF) 7.56% Cap Rate
INVESTMENT HIGHLIGHTS
- Great investment property with credit tenant. 6 years in to there 15 year lease with 2% annual increases, NNN lease
EXECUTIVE SUMMARY
Great investment property with credit tenant. The business has been in operation for over 25 years. The Tenant just exercised there option for an additional 5 years. They have 1 more 5 year option with the current lease. The last 5 years they have been upstanding tenants never late on payment.
This is a NNN lease with the tenant responsible for the roof and foundation. Annual increased of 2%.
Please inquire with any interested buyers.
This is a NNN lease with the tenant responsible for the roof and foundation. Annual increased of 2%.
Please inquire with any interested buyers.
PROPERTY FACTS
UTILITIES
- Lighting
- Gas
- Water
- Sewer
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Walk Score®
Very Walkable (82)
PROPERTY TAXES
| Parcel Number | 270601-001-063-00 | Improvements Assessment | $286,200 |
| Land Assessment | $319,500 | Total Assessment | $605,700 |
PROPERTY TAXES
Parcel Number
270601-001-063-00
Land Assessment
$319,500
Improvements Assessment
$286,200
Total Assessment
$605,700
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Infinity Properties
135 E Hill St
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