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Retail Space Near Highway 167
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1404 Central Ave S, Kent, WA 98032

Retail space available in Alder Square near Highway 167.

Space SizeContact for details
Property Size25,725 SF
Days on Market293

Property Features for 1404 Central Ave S

General Information

Standard status Active
Size 25,725 SF
Class B
Property subtype Retail

Building Details

Building Size 25,725 SF
Year Built 1989
Buildings 1
Listing Agency: Kidder Mathews - Tacoma
Listed By: Joel Shabel · License #72923
Source: Kidder
Added: Nov 23, 2025 Changed: Sep 8 Last Checked: Sep 7 at 10:18AM

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 Kidder Mathews - Tacoma

Investment Insights

Based on property information with market context.

This retail space is located in Alder Square, near Highway 167. The suite offers an open layout with two offices and a restroom. The location benefits from a bus stop situated directly in front of the property. On-site tenants include Providence Elderly Care and the State of Washington. The property provides ample parking, strong signage opportunities, and convenient access.

Key Highlights

  • Excellent location with close proximity to Hwy‑167.
  • Rare vacancy at Alder Square.
  • On‑site Providence Elderly care and State of Washington presence.

Property Analytics

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Current Use

New Destiny Christian ... Church King County Wic ... County Government Office Yaran Market Grocery & Convenience Store Shannon K. Thompson, ... Counselor Bade Thomas A Counselor

Suggested Use

Top Pick Pharmacy Skin Care Clinic Bakery (Bike/Boat/Book/etc) Store Pet Grooming Service Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

684
Businesses Nearby

Demographics for 98032, WA

38,744
Population
15,639
Households
2.5
Avg Household Size
35
Median Age
28%
College-Educated
84%
High-School Grad
17.0 sq mi
ZIP Area
2,279
Density / Sq Mi
$77,413
Median Household Income
$46,105
Median Earnings
$1,782
Median Rent
$473,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available in Alder Square near Highway 167.
Where is this retail space located?
The property is located at 1404 Central Ave S Kent, WA.
What are key features of this property?
This property features: Excellent location with close proximity to Hwy‑167.; Rare vacancy at Alder Square.; On‑site Providence Elderly care and State of Washington presence.
More about this property
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