18004 1st Ave S | Burien, WA 98148
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- LoopNet Team
18004 1st Ave S
Burien, WA 98148
Grease Monkey · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Corporate Guarantee – Grease Monkey is the nation’s largest independent franchisor of automotive oil change centers with 500+ locations.
- NNN Lease – Provides an investor with long-term, passive cash flow.
- 2 Miles Away from Seattle-Tacoma International Airport (SEA) – SEA is the busiest airport in the Pacific Northwest region of North America.
- Long-Term Lease – The tenant recently extended the lease for 10-years, demonstrating commitment to the location.
- Tax Benefits – Washington is a highly sought-after income tax-free state.
- Strong Demographics – There are more than 185,000 people in a 5-mile radius and an average household income over $114,000 in a 1-mile radius.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,918 SF
Building Class
C
Year Built
1992
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
0.21 AC
Zoning
CC1 - zoning district that allows for a variety of commercial uses to serve a local community.
Parking
5 Spaces (1.95 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 322304-9102 | Improvements Assessment | $1,242,500 |
| Land Assessment | $194,700 | Total Assessment | $1,437,200 |
PROPERTY TAXES
Parcel Number
322304-9102
Land Assessment
$194,700
Improvements Assessment
$1,242,500
Total Assessment
$1,437,200
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