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1441 D St NE
Auburn, WA 98002
Applebee's Absolute NNN Lease · Retail Property For Sale
PROPERTY FACTS
ABOUT 1441 D ST NE , AUBURN, WA 98002
The subject property is a 5,079 square foot Applebee’s restaurant located in Auburn, Washington--a suburb of Seattle. The NNN lease has over eight years remaining on the initial term and is guaranteed by Flynn Restaurant Group, the strongest restaurant franchisee in the country, operating over 800 restaurant locations. There are scheduled 7.5% increases in rent every five years with the lease calling for zero landlord obligations. This asset is situated in a major retail trade area and is surrounded by national retailers including Lowe’s Home Improvement, Dollar Tree and L.A. Fitness.
PROPERTY TAXES
| Parcel Number | 072105-9054 | Improvements Assessment | $1,734,200 |
| Land Assessment | $1,124,000 | Total Assessment | $2,858,200 |
PROPERTY TAXES
