940 Central Ave N, Kent, WA for sale

Investment Overview

The property is a 5,993-square-foot dental building situated on approximately 0.73 acres and configured into three suites occupied by two established dental practices. Offered at a 7.11% capitalization rate, the property benefits from specialized dental improvements, ample onsite parking and a convenient location near downtown Kent, Kent Station and SR 167.

Investment Highlights

• 7.11% in-place CAP Rate
• 100% occupied by two established dental practices across three suites
• New 15-year lease with Stuart Ayling, DDS, including 2% annual rent increases
• Specialized dental buildouts create significant barriers to relocation
• 6,386 SF medical building situated on a sizable 0.73-acre parcel
• High-visibility Central Avenue frontage with strong traffic counts and convenient access