19072 Tjerne Pl SE | Monroe, WA 98272
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19072 Tjerne Pl SE
Monroe, WA 98272
Jiffy Lube · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Listed for $2,200,000 yielding a 6.00% cap rate
- 15-year lease with over 11 years remaining in the primary term
- Team Car Care - Full-term Guaranty From The Largest Jiffy Lube Franchisee In The Nation
- Located in a Walmart & Grocery-Anchored Shopping Center with a strong retail presence
- Absolute Triple-Net Lease (NNN) – Zero Landlord Responsibilities
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,218 SF
Building Class
B
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.75 AC
Zoning
GC, Monroe
Parking
8 Spaces (1.92 Spaces per 1,000 SF Leased)
Frontage
170’ on Tjerne Pl SE
PROPERTY TAXES
| Parcel Number | 008343-000-008-02 | Improvements Assessment | $1,321,100 |
| Land Assessment | $728,900 | Total Assessment | $2,050,000 |
PROPERTY TAXES
Parcel Number
008343-000-008-02
Land Assessment
$728,900
Improvements Assessment
$1,321,100
Total Assessment
$2,050,000
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