Covington Center Shopping
For Sale
Contact for pricing
Pending
17307 - 17415 SE 272nd St, Covington, WA 98042
Anchored retail center with multiple tenants, pad-site approvals, and access from two roads.
Property Size72,868 SF
Lot Size6.91 Acres
Days on Market144
Property Features for 17307 - 17415 SE 272nd St
General Information
Standard status
Pending
Size
72,868 SF
Lot size
6.91 Acres
Property subtype
Retail
Site & Location
Anchor Co-Tenants
Big Lots, Big 5 Sporting Goods
Road Access
Yes
Building Details
Year Built
1963
Year Renovated
2007
Buildings
1
Tenancy
Multi
Listing Agency:
First Western Properties, Inc. Tacoma
(253) 472-0404
Listed By:
Justin Holmes · License #WA
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 31 at 4:16AM
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 First Western Properties, Inc. Tacoma
Investment Insights
Based on property information with market context.
Covington Center is a multi-tenant shopping center occupying a 6.91-acre parcel and containing 72,868 SF of retail space. The property includes twelve tenants, with Big Lots occupying the largest space at 28,935 SF; Big 5 Sporting Goods is also identified as an anchor tenant. Two approved anchor pad sites are included within the parcel. Originally built in 1963, the center underwent a major renovation in 2007 and has been maintained since the renovation.
The property fronts State Route 516 and is near Highway 18. Access is provided by seven entrances, including three from State Route 516 and four from SE Wax Road. The combination of established retail occupancy, anchor tenancy, and approved pad sites defines the center’s current configuration.
The property fronts State Route 516 and is near Highway 18. Access is provided by seven entrances, including three from State Route 516 and four from SE Wax Road. The combination of established retail occupancy, anchor tenancy, and approved pad sites defines the center’s current configuration.
Key Highlights
- 72,868 SF shopping center on a 6.91‑acre parcel
- 12‑tenant retail center with Big Lots and Big 5 Sporting Goods
- Big Lots occupies the largest space at 28,935 SF
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,016
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in West region
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Similar Off Market Nearby
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- Coinstar Kiosk - Bitcoin ATM — Kroger - Fred Meyer Inc, 16735 SE 272nd St, Kent, WA 98042
- Coinstar Bitcoin ATM — kroger - fred meyer inc., 16735 se 272nd st, kent, wa 98042
- Coinstar Kiosk - Bitcoin ATM — 17023 SE 272nd St Safeway, Covington, WA 98042
- Covington Center Building B — 16929 SE 270th Pl, Covington, WA 98042
Frequently Asked Questions
What type of property is this?
Shopping center - Anchored retail center with multiple tenants, pad-site approvals, and access from two roads.
Where is this shopping center located?
The property is located at 17307 - 17415 SE 272nd St Covington, WA.
What are key features of this property?
This property features: 72,868 SF shopping center on a 6.91‑acre parcel; 12‑tenant retail center with Big Lots and Big 5 Sporting Goods; Big Lots occupies the largest space at 28,935 SF
