Retail/Industrial Space with Fenced
For Sale
Contact for pricing
1002 Central Ave N, Kent, WA
Retail or industrial space with excellent street exposure and yard.
Property Size6,400 SF
Lot Size0.76 Acres
Price / SF$406.25
Days on Market321
Property Features for 1002 Central Ave N
General Information
Standard status
Active
Size
6,400 SF
Lot size
0.76 Acres
Property subtype
INDUSTRIAL
Lease Type
NNN
Properties For Sale
at 1002 Central Ave N
Industrial/Retail with Yard
PENDING
Size
6,400 SF
Type
INDUSTRIAL
Lease Type
NNN
Sublease
No
Retail/Industrial with Fenced Yard
Excellent Street Exposure
Contact us
Listing Agency:
NAI Puget Sound Properties
(425) 586-5600
Listed By:
Sam Johnson · License #138068
(425) 586-5620
Source:
Moodyscre
Added: Nov 24, 2025
Changed: Oct 1
Last Checked: Oct 9 at 9:14PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Puget Sound Properties
Investment Insights
Based on property information with market context.
This property offers a versatile space suitable for retail or industrial use. The property includes a fenced yard, providing a secure outdoor area. It features 6400 square feet of space. The location provides excellent street exposure, enhancing visibility for potential businesses.
Key Highlights
- Retail/Industrial Property
- Fenced Yard
- Excellent Street Exposure
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$93,954
Cap Rate
3.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,879,080
$1.9M
Cap Rate 7%
$1,342,200
$1.3M
Cap Rate 9%
$1,043,933
$1.0M
Market Conditions
NOI Build-Up for 6,400 SF
Gross rent
$140.5K $21.96/SF
− Vacancy
−$6.3K −$0.99/SF
EGI
$134.2K $20.97/SF
− OpEx
−$40.3K −$6.29/SF
NOI
$94.0K $14.68/SF
Area
Kent, WA
Vacancy
4.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,879,080
Cap Rate 7%
$1,342,200
Cap Rate 9%
$1,043,933
Alternative Uses
Best Use
Retail
$1.34M
$1.17M – $1.57M
NOI $93,954 @ 7.0% cap · market cap 3.61%
Second Best
Industrial
$871.7K
$762.7K – $1.02M
NOI $61,017 @ 7.0% cap · market cap 2.35%
Theoretical Best
Office A
$2.40M
$2.10M – $2.80M
NOI $167,887 @ 7.0% cap · market cap 6.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
714
Businesses Nearby
Explore this area
Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial property - Retail or industrial space with excellent street exposure and yard.
Where is this industrial property located?
The property is located at 1002 Central Ave N Kent, WA.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Retail/Industrial Property; Fenced Yard; Excellent Street Exposure
