418 Central Ave N, Kent, WA
24,246 SF lot with 2,438 SF building in Kent.
- Added:
- May 10, 2023
- Days on Market:
- 1140
- Last Refresh:
- May 19 at 8:38 pm
Property Features for 418 Central Ave N
General Information
- Standard status
- Active
- Size
- 24,240 SF
- Lot size
- 1.37 Acres
- Property subtype
- RETAIL
Listing agent Austin Scarsella License #115168 (253) 335-3019
Listing office Keller Williams Realty - Federal Way (253) 335-3019
Listing date May 10, 2023
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty - Federal Way
HighLights
- 24,246 sq ft lot in downtown Kent
- Versatile GCMU zoning allows for commercial, industrial, and retail uses
- Includes a 2,438 sq ft building
- Three bay doors (9 ft to 11’7 ft)
- Single phase 110 and 220 V electrical service
- Located in a well‑established commercial district
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $532.3k | $21.96 |
| − Vacancy | −$24.0k | −$0.99 |
| EGI | $508.4k | $20.97 |
| − OpEx | −$152.5k | −$6.29 |
| NOI | $355.8k | $14.68 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Kent
- County
- King
- State
- Washington
- Longitude
- -122.231
- Latitude
- 47.3846
