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23765-23831 SE 264th St 2 Industrial Properties Offered at $3,760,000 in Maple Valley, WA
INVESTMENT HIGHLIGHTS
- Corporate-Backed Lease
- Lease Rate Upside
- Brand-New 10-Year Lease Renewals
- Only Body Shop in Maple Valley
- Prime Maple Valley Location
- Major nearby retail amenities
EXECUTIVE SUMMARY
NAI Puget Sound Properties is pleased to present a rare net leased investment opportunity in Maple Valley, WA. Puget Collision (Fix Auto), a nationally recognized auto body repair company, has just executed 10-year renewals on each building, speaking to the long-term commitment to the site. There is also an ancillary yard lease to a second tenant, Maple Valley Towing.
This offering consists of two adjacent parcels with a combined total of 13,854 square feet of well-maintained automotive buildings on 1.75 acres of land. This property offers investors an excellent opportunity to secure stable, long-term corporate tenant cash flow in the rapidly growing Maple Valley market.
This offering consists of two adjacent parcels with a combined total of 13,854 square feet of well-maintained automotive buildings on 1.75 acres of land. This property offers investors an excellent opportunity to secure stable, long-term corporate tenant cash flow in the rapidly growing Maple Valley market.
PROPERTY FACTS
| Price | $3,760,000 | Number of Properties | 2 |
| Price / SF | $271.40 / SF | Individually For Sale | 0 |
| Cap Rate | 5.50% | Total Building Size | 13,854 SF |
| Sale Type | Investment | Total Land Area | 1.75 AC |
| Status | Active |
| Price | $3,760,000 |
| Price / SF | $271.40 / SF |
| Cap Rate | 5.50% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 13,854 SF |
| Total Land Area | 1.75 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 23831 SE 264th St, Maple Valley, WA 98038 | Industrial | 7,854 SF | 1997 | - |
| 23765 SE 264th St, Maple Valley, WA 98038 | Industrial | 6,000 SF | 2001 | - |
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23765-23831 SE 264th St
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