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Renton Medical/Office Flex Space
For Lease
$5,204/Mo
Pending

263 Rainier Ave S, Renton, WA 98057

Versatile space in downtown Renton with renovated common areas.

Space SizeContact for details
Days on Market203

Property Features for 263 Rainier Ave S

General Information

Standard status Pending
Property subtype Commercial

Building Details

Year Built 1980
Listing Agency: ROB GASCA REAL ESTATE GROUP
Listed By: ROBERT GASCA
Source: Corcoran
Added: Jan 21 Changed: Aug 8 Last Checked: Jul 23 at 6:59AM

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 ROB GASCA REAL ESTATE GROUP

Investment Insights

Based on property information with market context.

This versatile medical/office flex space is located in downtown Renton. The building features two units and newly renovated common area restrooms, an elevator, and is entirely ADA compliant. Large bay windows provide natural light and views throughout the building. Unit 200 offers an estimated floor size of 8,122 square feet with built-out exam rooms, conference rooms, private offices, and a reception area. Unit 201 is in grey shell condition with a fully open floorplan and an estimated 3,469 square feet. The property is accessible to Rainier Ave, I-405, I-5, and SR 167.

Key Highlights

  • Versatile medical/office flex space in downtown Renton.
  • Unit 200: 8,122 sq ft, fully built out with exam rooms, conference rooms, private offices, and reception area.
  • Unit 201: 3,469 sq ft, grey shell condition with open floorplan.

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Pet Grooming Service Florist Tanning Salon Restaurant

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,058
Businesses Nearby
Balanced
Demand for This Use

Demographics for 98057, WA

13,493
Population
6,656
Households
2
Avg Household Size
38
Median Age
34%
College-Educated
92%
High-School Grad
6.2 sq mi
ZIP Area
2,176
Density / Sq Mi
$68,097
Median Household Income
$53,994
Median Earnings
$1,767
Median Rent
$606,500
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Renton Veterinary Hospital 128 Rainier Ave S, Renton, WA 98057
  • Animal Health Care Center 504 Renton Center Way SW #3, Renton, WA 98057
  • Northwest Animal Eye Specialists - Renton 77 Wells Ave S, Renton, WA 98057
  • Veterinary Oncology Center 636 Shattuck Ave S, Renton, WA 98057

Frequently Asked Questions

What type of property is this?
Medical Office Space - Versatile space in downtown Renton with renovated common areas.
Where is this medical office space located?
The property is located at 263 Rainier Ave S Renton, WA.
What is the lease rate?
The lease rate is $5,204/Mo.
What are key features of this property?
This property features: Versatile medical/office flex space in downtown Renton.; Unit 200: 8,122 sq ft, fully built out with exam rooms, conference rooms, private offices, and reception area.; Unit 201: 3,469 sq ft, grey shell condition with open floorplan.
More about this property
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