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772 Sussex Ave E 4,000 SF 100% Leased Industrial Building Tenino, WA 98589 $1,673,400 CAD ($418.35 CAD/SF) 5.50% Cap Rate
Executive Summary
True NNN Lease – Tenant pays all operating expenses including taxes, insurance, utilities, maintenance, and exterior upkeep. Landlord responsibility limited to roof and structure only, offering a low-management, passive investment opportunity. One year left on lease and have expressed the want to renew. Perfect passive income property little to effort. Situated in a quiet, rural pocket just outside downtown Tenino, 7272 Sussex Ave offers the perfect balance of country feel and convenient access. The property is minutes from I-5, providing an easy commute to Olympia, Tumwater, Centralia, and JBLM. Enjoy the privacy and space of a peaceful setting while remaining close to local shops, schools, dining, and everyday amenities. Ideal for those seeking room to breathe without sacrificing connectivity.
Property Facts
| Price | $1,673,400 CAD | Building Class | C |
| Price Per SF | $418.35 CAD | Lot Size | 0.37 AC |
| Sale Type | Investment NNN | Rentable Building Area | 4,000 SF |
| Cap Rate | 5.50% | No. Stories | 1 |
| Sale Condition | 1031 Exchange | Year Built | 2000 |
| Property Type | Industrial | ||
| Zoning | C-2 - Commercial | ||
| Price | $1,673,400 CAD |
| Price Per SF | $418.35 CAD |
| Sale Type | Investment NNN |
| Cap Rate | 5.50% |
| Sale Condition | 1031 Exchange |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 0.37 AC |
| Rentable Building Area | 4,000 SF |
| No. Stories | 1 |
| Year Built | 2000 |
| Zoning | C-2 - Commercial |
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Somewhat walkable
30/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 70970501200 | Improvements Assessment | $545,027 CAD |
| Land Assessment | $559,813 CAD | Total Assessment | $1,104,840 CAD |
Property Taxes
Parcel Number
70970501200
Land Assessment
$559,813 CAD
Improvements Assessment
$545,027 CAD
Total Assessment
$1,104,840 CAD
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Presented by
C & J Realty LLC
772 Sussex Ave E
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