1313 Valley Avenue | Sumner, WA
THE VARA GROUP has successfully closed the sale of 1313 Valley Avenue in Sumner, WA—a single-tenant, net-leased Valvoline Instant Oil Change. Our client transitioned from multifamily operations into a fully passive investment by utilizing a strategic 1031 exchange. We sold the downleg property and sourced a wide array of qualified replacement opportunities, ultimately securing the ideal asset well ahead of the 1031 deadline. This absolute net lease investment eliminated all management responsibilities and increased the client’s cash flow by over 25%. This transaction exemplifies our ability to guide investors through strategic exchanges into stabilized, income-generating commercial assets.
Address: 1313 Valley Avenue, Sumner, WA
$2,136,096.00Price