Shopping Center with Vacant
For Sale
Contact for pricing
1550 Burlington Blvd, Burlington, WA 98233
Includes an operational Kmart anchor, a partially occupied retail strip, and a vacant pad site along Burlington Boulevard.
Property SizeContact for details
Days on Market118
Property Features for 1550 Burlington Blvd
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Northmarq - Seattle
Listed By:
Sean Tufts · License #WA 74057
Source:
Crexi
Added: Apr 11
Changed: Jul 22
Last Checked: Jul 23 at 6:33AM
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 Northmarq - Seattle
Investment Insights
Based on property information with market context.
This shopping center features an operational Kmart anchor building and an additional 19,858-square-foot retail strip that is 42% occupied. The property also includes a vacant pad site fronting Burlington Boulevard, providing space for future development or retenanting.
Located prominently along Burlington Boulevard, the center is described as having very limited use restrictions that would not significantly hinder repositioning plans.
With an operating anchor and an added opportunity to improve occupancy within the retail strip and pad, the property offers a clear framework for updates and tenanting improvements.
Located prominently along Burlington Boulevard, the center is described as having very limited use restrictions that would not significantly hinder repositioning plans.
With an operating anchor and an added opportunity to improve occupancy within the retail strip and pad, the property offers a clear framework for updates and tenanting improvements.
Key Highlights
- 130,002 SF Kmart Center in Burlington, WA with an operational Kmart anchor building
- 19,858 SF retail strip currently 42% occupied
- Vacant pad site fronting Burlington Boulevard for additional upside potential
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
712
Businesses Nearby
525k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 27%
Superstores 26%
Shops & Services 22%
Apparel 13%
Costco Wholesale
Superstores
136,527 visits/mo
0.2 miles
Costco Gasoline
Shops & Services
43,112 visits/mo
0.3 miles
Kohl's
Apparel
29,988 visits/mo
0.4 miles
Best Buy
Electronics
26,918 visits/mo
0.4 miles
Burlington
Apparel
25,790 visits/mo
0.1 miles
Demographics for 98233, WA
16,034
Population
7,295
Households
2.2
Avg Household Size
38
Median Age
23%
College-Educated
90%
High-School Grad
33.2 sq mi
ZIP Area
483
Density / Sq Mi
$83,560
Median Household Income
$43,697
Median Earnings
$1,567
Median Rent
$466,300
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Similar Off Market Nearby
- I-5 Auto World — 655 Auto Blvd, Burlington, WA 98233
- The Outlet Shoppes at Burlington — 448 Fashion Way, Burlington, WA 98233
- Boulevard Plaza — 1820 -1866 S Burlington Blvd, Burlington, WA 98233
- Burlington Place — 1831 S Burlington Blvd, Burlington, WA 98233
- Burlington Crossings — 2001 Marketplace Dr, Burlington, WA 98233
Frequently Asked Questions
What type of property is this?
Shopping center - Includes an operational Kmart anchor, a partially occupied retail strip, and a vacant pad site along Burlington Boulevard.
Where is this shopping center located?
The property is located at 1550 Burlington Blvd Burlington, WA.
What are key features of this property?
This property features: 130,002 SF Kmart Center in Burlington, WA with an operational Kmart anchor building; 19,858 SF retail strip currently 42% occupied; Vacant pad site fronting Burlington Boulevard for additional upside potential
