$4,500,000
Est. $24,926/mo22633 Marine View Drive S, Des Moines, WA 98198
• Listed Apr 12, 2026•37 days active · 37 cumulative
Listing Broker: DBW Private Brokerage LLC; Xia Cutter; 206-909-2698; xiacutter@hotmail.com
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Listing Broker: DBW Private Brokerage LLC; Xia Cutter; 206-909-2698; xiacutter@hotmail.com
About this home
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.
Listed by Xia Cutter • DBW Private Brokerage LLC
Listing updated: September 21, 2026 at 09:24am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2506455
Around this home
How much should you offer?
22633 Marine View Drive S, Des Moines, WA 98198
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Layout
- Retail
Schools
Ratings via SchoolDigger- Des Moines ElementaryPublic · Grades PK-5 · 0.5 mi · State rank 887 of 1,1382/10
- Pacific Middle SchoolPublic · Grades 6-8 · 1.0 mi · State rank 468 of 5141/10
- Mount Rainier High SchoolPublic · Grades 9-12 · 0.8 mi · State rank 193 of 3966/10
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.
Commercial facts
As entered by the listing broker on Northwest MLS
Building
- Building square feet
- 2,397 sq ft
- Year built
- 2006
Parking & site
- Acres
- 0.54 acres
- Lot square feet
- 23,630 sq ft
- Zoning jurisdiction
- City
Income & lease
- Gross scheduled income
- $200,916
- Net operating income
- $200,916
- Cap rate
- 4.46%
- Total monthly triple net
- $16,743
Taxes & terms
- Financing
- Cash, Conventional
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
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Sales & Tax Records for 22633 Marine View Drive S
NWMLS via MLS Grid · King County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Apr 12, 2026ListedNWMLS via MLS Grid · #2506455$4,500,000
- Oct 21, 2017Recorded saleKing County recorder · Warranty deed$3,600,000
- Nov 4, 2009Recorded saleKing County recorder · Statutory warranty deed$2,135,000
- Jun 20, 2008Recorded saleKing County recorder · Special warranty deed$1,898,771
- Sep 23, 1992Recorded saleKing County recorder · Warranty deed$1,010,000
- May 29, 1992Recorded saleKing County recorder · Warranty deed$390,000
Mortgage payment forecast
$29,426 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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Listing Broker: DBW Private Brokerage LLC; Xia Cutter; 206-909-2698; xiacutter@hotmail.com
Market pulse
Des Moines is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 80 days.
Recent sales nearby
Within 1 mile · last 6 months$350,000 Sold
1 week ago
5 bd•2.75 ba•~2,199 sq ft•Single Family
2051 S 223rd Street, Des Moines, WA 98198
30%
Under list
159
Days on market
0.9 mi
Distance
$610,000 Sold
5 weeks ago
4 bd•3.25 ba•~1,740 sq ft•Single Family
21216 Des Moines Memorial Dr, Des Moines, WA 98198
0%
Over list
102
Days on market
0.9 mi
Distance
$810,000 Sold
5 weeks ago
5 bd•3 ba•~2,470 sq ft•Single Family
917 S 222nd Street, Des Moines, WA 98198
3%
Over list
39
Days on market
0.4 mi
Distance
$545,000 Sold
7 weeks ago
3 bd•1.75 ba•~1,510 sq ft•Single Family
23031 19th Avenue S, Des Moines, WA 98198
1%
Over list
37
Days on market
0.8 mi
Distance
$758,000 Sold
7 weeks ago
•Single Family
2042 S 233rd Street #A&B, Des Moines, WA 98198
0%
Over list
—
Days on market
0.9 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Oct 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 18, 2026 at 2:45 AM PT (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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