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Retail Storefront Sublease
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16783 SE 272ND ST, Covington, WA 98042

Retail storefront available via sublease beginning July 1, 2023.

Space Size1,200 SF
Property Size10,042 SF
Days on Market118

Property Features for 16783 SE 272ND ST

General Information

Standard status Active
Size 1,200 SF
Property subtype Retail

Building Details

Building Size 10,042 SF
Year Built 1998

Spaces For Lease

at 16783 SE 272ND ST
Covington Square (Sublease)
Size 1,200 SF
Type Strip Center
Term Negotiable
Rate Contact for pricing
Contact us
Listing Agency: Leibsohn & Company
Listed By: Ron Waldbaum
Source: Leibsohn
Added: Jun 25 Changed: Oct 19 Last Checked: Oct 20 at 6:57PM

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 Leibsohn & Company

Rey
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Investment Insights

Based on property information with market context.

This retail storefront is offered for rent through a sublease starting July 1, 2023. The offering is positioned as a retail space suitable for tenants seeking an established storefront arrangement.

The property is located at 16783 SE 272ND ST in Covington, WA 98042.

Additional details such as size, layout, condition, and site features were not provided with the listing information.

Key Highlights

  • Retail storefront available via sublease starting July 1, 2023
  • Building year built: 1998

Property Analytics

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Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Parking Lot & Garage Auto Repair Shop Auto Parts Store Electrical Service Accounting Firm

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

947
Businesses Nearby

Demographics for 98042, WA

49,031
Population
17,365
Households
2.8
Avg Household Size
39
Median Age
34%
College-Educated
93%
High-School Grad
27.8 sq mi
ZIP Area
1,764
Density / Sq Mi
$125,554
Median Household Income
$59,882
Median Earnings
$2,121
Median Rent
$613,000
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

Frequently Asked Questions

What type of property is this?
Retail space - Retail storefront available via sublease beginning July 1, 2023.
Where is this retail space located?
The property is located at 16783 SE 272ND ST Covington, WA.
What are key features of this property?
This property features: Retail storefront available via sublease starting July 1, 2023; Building year built: 1998
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