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    17307-17415 SE 272Nd St Covington, WA 98042

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    For Lease
    $35 SF/Yr ($6,200 /Mo)

    Retail space available in high-traffic, anchored shopping center.

    Property size:
    2,126 SF
    Lot size:
    6.91 Acres

    Property Features for 17307-17415 SE 272Nd St

    General Information

    Size
    2,126 SF
    Lot size
    6.91 Acres

    Source: First Western Properties - Tacoma, Inc. Agent Josh Parnell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in High-Growth Covington

    This retail space is located in Covington, a high-growth market characterized by high-end average incomes. The property benefits from a high traffic volume of 38,000 cars per day at the corner of 272nd Street and Wax Road. The available space is situated within a shopping center anchored by Big Lots and Big 5 Sporting Goods. BECU and Olympic Sports & Spine are now open within the center. Ample parking is available for customers and tenants. The property offers a total of 2,126 square feet of retail space.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Covington Center Building B, Coinstar Kiosk - Bitcoin ATM, Coinstar Kiosk | Bitcoin ATM, Coinstar Kiosk - Bitcoin ATM, Coinstar Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Covington
    County
    King
    State
    Washington
    Longitude
    -122.1103958
    Latitude
    47.3574996

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    FAQs

    What type of property is this?
    Shopping center - Retail space available in high-traffic, anchored shopping center.
    Where is this shopping center located?
    The property is located at 17307-17415 SE 272Nd St Covington, WA.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: - High traffic location: 38,000 cars per day; - Located in a high-growth market with high-end average incomes; - Anchored by Big Lots and Big 5 Sporting Goods
    (253) 230-8715
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    17307-17415 SE 272Nd St Covington, WA 98042
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