Address Map
US
Washington
King
Renton
98057
Rainier Ave
375
W123° 46' 59.1''
N47° 28' 42.4''
S
Additional Information
Clayton Brown
30045
974500
4,643 Sqft
40,580 Sqft
Chick-fil-A - Renton
Tukwila
1
Brick,Masonry
98101
WA
Seattle
401 Union Street, 32nd fl
Property Description

Marcus & Millichap’s Brown Retail Group has been selected to exclusively market for sale an Absolute NNN ground lease Chick-fil-A located in Renton, WA, a dense Seattle-Tacoma MSA submarket. The lease has over 9 years remaining on the original 15-year lease, featuring 10% rent increases every five years and eight 5-year renewal options, ensuring long-term, inflation-protected income. The Absolute NNN ground lease structure provides zero landlord responsibilities, delivering truly passive cash flow. Backed by a corporate guarantee from Chick-fil-A, Inc.—the nation’s leading quick-service chicken chain with over 3,200 locations and a franchisee turnover rate under 5%—this investment is anchored by one of the most respected brands in the QSR industry. Strategically located at a high-visibilit

For Sale

375 Rainier Ave, Renton, Washington 98057

  • Square Footage: 4,643 Sqft
$4,620,000
Listing ID#698147
QR Code
Basic Details
Property Type : Retail
Listing Type : For Sale
Listing ID : 698147
Price : $4,620,000
Square Footage : 4,643 Sqft
Year Built : 2021
Status : Active
Office Name : Marcus & Millichap, Inc.
Property Sub Type : Retail
BROKER INFO
Rene Orona
BROKER OF REAL ESTATE
BROKER OF REAL ESTATE
3380 146th PL SE Suite 300
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
CONTACT BROKER
Marcus & Millichap, Inc.