Property Details
22633 Marine View Drive S
Des Moines, WA 98198
$4,500,000
Active
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Property Overview
This offering presents a rare opportunity to acquire a 100 % leased, single-tenant retail asset occupied by Jack in the Box, Inc. in the highly accessible and densely populated submarket of Des Moines in King County. The freestanding building is situated on 23,630 SF of land at the intersection of Marine View Drive and South 227th Street, benefiting from excellent visibility and proximity to Des Moines Marina and Seattle-Tacoma International Airport, along with limited fast-food competition in the immediate area. The property features a long-term lease through November 2029, with four 5-year renewal options and CPICPI-based rent escalations, providing stable cash flow within the growing Puget Sound corridor.
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Active
County
King
Neighborhood
Des Moines Waterfront
Listed
Apr 12, 2026
Financial Summary
Cap Rate
4.46%
Net Operating Income
$200,916
Gross Scheduled Income
$200,916
Total Actual Rent
$16,743/mo
Monthly NNN
$16,743/mo
Building & Use
Building Sq Ft
2,397
Total Units
1
Lot Size
23,631 sqft
Year Built
2006
Exterior & Lot
Lot Size
0.54 sqft
Year Built
2006
Location
City
Des Moines
County
King
Coordinates
47.39819, -122.32477
Additional Information
Possession
Array
Based on information submitted to the MLS GRID as of April 25, 2026 5:11 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
