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    2950-2955 NE 11Th St Renton, WA 98056

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    For Lease
    $36 SF/Yr

    New construction retail space in mixed-use building, available Q4 2024.

    Property size:
    9,582 SF
    Lot size:
    6.88 Acres

    Property Features for 2950-2955 NE 11Th St

    General Information

    Size
    9,582 SF
    Lot size
    6.88 Acres

    Source: Westcom Properties, Inc. Agent Cramer Foster

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

    Overview

    New Retail Space in Renton

    New construction ground floor retail space is available for rent in a mixed-use building located in Renton Highlands. The building includes 590 multi-family units above the retail space. The location offers high visibility and traffic counts on Sunset Boulevard. Spaces range in size from 1,200 square feet to 9,582 square feet. A proposed daycare space includes an outdoor play area. Construction has already started, with anticipated completion in Q4 2024.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Renton
    County
    King
    State
    Washington
    Longitude
    -122.1749538
    Latitude
    47.5014723

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    FAQs

    What type of property is this?
    Retail space - New construction retail space in mixed-use building, available Q4 2024.
    Where is this retail space located?
    The property is located at 2950-2955 NE 11Th St Renton, WA.
    What is the lease rate?
    The lease rate is $36 SF/Yr.
    What are key features of this property?
    This property features: - Brand new ground floor retail space in a mixed-use building.; - Located in Renton Highlands with high visibility and traffic on Sunset Blvd.; - Benefit from 590 multi-family units above, providing a built-in customer base.
    (360) 647-2856
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    2950-2955 NE 11Th St Renton, WA 98056
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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
    2950-2955 NE 11Th St Renton, WA 98056
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