Sumner Square Retail Investment
15716-15720 Main St E Sumner, WA
For Sale
Contact for pricing
Fully leased retail property with development potential in Sumner, WA.
Property Size37,395 SF
Lot Size6.95 Acres
Price / SF$220.62
Days on Market347
Property Features for 15716-15720 Main St E
General Information
- Standard status
- Active
- Size
- 37,395 SF
- Lot size
- 6.95 Acres
- Property subtype
- RETAIL
Listing Agency:
NWC - KV LLC
(253) 606-7610
Listed By:
Tim Pavolka
(253) 606-7610
Source:
Moodyscre
Added: Aug 14, 2025
Changed: Jul 10
Last Checked: Jul 21 at 6:28AM
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 NWC - KV LLC
Investment Insights
Based on property information with market context.
Sumner Square, located in Sumner, WA, is available for sale. The property comprises three buildings, fully leased to ten tenants under NNN leases. Situated on 3.3 acres, the site includes 169 parking spots, with an additional 256 spaces available through an easement at no additional cost. The property offers an opportunity for investors or developers. The property has a total size of 37395 square feet.
Key Highlights
- Fully leased with ten NNN Tenants, providing immediate income.
- Located on 3.3 acres in Sumner, WA.
- Excellent opportunity for investor or developer.
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 | $538.5k | $14.40 |
| − Vacancy | −$75.4k | −$2.02 |
| EGI | $463.1k | $12.38 |
| − OpEx | −$138.9k | −$3.72 |
| NOI | $324.2k | $8.67 |
37,395 SF · lease $14.40/SF/yr · vacancy 14.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$4.63M
$4.05M – $5.40M
NOI $324,170 @ 7.0% cap · market cap 3.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$10.10M
$8.84M – $11.78M
NOI $706,999 @ 7.0% cap · market cap 8.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Shopping centers
Similar Off Market Nearby
- East Side Shopping Center — East Side Shopping Center, 15525 Main St E, Sumner, WA 98390
- Coinstar Kiosk | Bitcoin ATM — Kroger - Fred Meyer Inc, 1201 Valley Ave, Sumner, WA 98390
- Coinstar Kiosk - Bitcoin ATM — 6621 166th Ave E WinCo, Sumner, WA 98390
- karls — 5221 160th Ave E, Sumner, WA 98390
FAQs
What type of property is this?
Shopping center - Fully leased retail property with development potential in Sumner, WA.
Where is this shopping center located?
The property is located at 15716-15720 Main St E Sumner, WA.
What is the asking price?
The asking price for this property is $8,250,000.
What are key features of this property?
This property features: Fully leased with ten NNN Tenants, providing immediate income.; Located on 3.3 acres in Sumner, WA.; Excellent opportunity for investor or developer.
