Fully Leased Retail Strip
For Lease
Contact for pricing
3904 NE 4th St, Renton, WA 98056
Multi-tenant retail strip center in Renton, Washington.
Space SizeContact for details
Lot Size0.71 Acres
Days on Market191
Property Features for 3904 NE 4th St
General Information
Standard status
Active
Lot size
0.71 Acres
Property subtype
RETAIL
Listing Agency:
Marcus & Millichap, Inc.
(206) 826-5787
Listed By:
Clayton Brown · License #WA:123258,ID:SP56979
(206) 826-5787
Source:
Moodyscre
Added: Jan 27
Changed: Jul 6
Last Checked: Apr 5 at 8:42PM
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 Marcus & Millichap, Inc.
Investment Insights
Based on property information with market context.
The opportunity to acquire 4th Street Plaza, a fully leased, multi-tenant retail strip center in Renton, Washington, is available. All 5 tenants operate under NNN lease structures, which limits landlord obligations and offers a hedge against inflation through scheduled annual increases. The property benefits from excellent signage and visibility, with over 30,500 vehicles per day. The property has a strong historical occupancy, with over 80% of the GLA having occupied the property for more than 10 years. A new tenant recently executed a 5-year lease, at a 25% increase over the previous tenant’s rent. Multiple other tenants recently extended their leases or are in the process of doing so, demonstrating strong demand and commitment. Staggered lease expirations create near-term potential to unlock additional value, with average in-place rents currently below market.
Key Highlights
- Fully leased multi‑tenant retail strip center, providing immediate income.
- NNN lease structures limit landlord obligations and offer inflation hedge with scheduled annual increases.
- High visibility with excellent signage and traffic count of over 30,500 vehicles per day.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
727
Businesses Nearby
Explore this area
Business Placement
Demographics for 98056, WA
36,344
Population
15,609
Households
2.3
Avg Household Size
38
Median Age
44%
College-Educated
88%
High-School Grad
7.6 sq mi
ZIP Area
4,782
Density / Sq Mi
$108,596
Median Household Income
$59,170
Median Earnings
$1,992
Median Rent
$726,300
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Multi-tenant retail strip center in Renton, Washington.
Where is this strip mall located?
The property is located at 3904 NE 4th St Renton, WA.
What are key features of this property?
This property features: Fully leased multi‑tenant retail strip center, providing immediate income.; NNN lease structures limit landlord obligations and offer inflation hedge with scheduled annual increases.; High visibility with excellent signage and traffic count of over 30,500 vehicles per day.
