Safeway Shadow-Anchored Shopping
For Sale
Contact for pricing
Pending
4250 NE 4th St, Renton, WA 98059
Retail center with national tenants, established leases, and available leasing capacity.
Property Size54,264 SF
Days on Market158
Property Features for 4250 NE 4th St
General Information
Standard status
Pending
Size
54,264 SF
Property subtype
Retail
Zoning
CS
Occupancy
82%
Investment Type
Value Add
Additional Details
Anchor Co-Tenants
Safeway
Building Details
Buildings
3
Stories
1
Tenancy
Multi
Listing Agency:
Newmark - Seattle
(206) 518-9567
Listed By:
Billy Sleeth · License #WA 88059
Source:
Crexi
Added: Mar 27
Changed: Aug 30
Last Checked: Aug 30 at 8:53AM
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 Newmark - Seattle
Investment Insights
Based on property information with market context.
This 54,264-square-foot shopping center is shadow-anchored by Safeway and includes national anchor tenants. The property is 82% leased, with a 5-year WALT and more than 11 years remaining on The Goddard School lease. DaVita exercised a 5-year lease extension in 2025, while Petco exercised a 5-year extension in 2024. The center is zoned CS.
Located at 4250 NE 4th St in Renton, the property serves a trade area with 104K residents within a 3-mile radius. Downtown Bellevue is 9 miles away, and Downtown Seattle is 16 miles away. The existing tenant profile, lease duration, and current occupancy provide a defined operating and leasing framework for the center.
Located at 4250 NE 4th St in Renton, the property serves a trade area with 104K residents within a 3-mile radius. Downtown Bellevue is 9 miles away, and Downtown Seattle is 16 miles away. The existing tenant profile, lease duration, and current occupancy provide a defined operating and leasing framework for the center.
Key Highlights
- 54,264‑square‑foot shopping center shadow‑anchored by Safeway
- National anchor tenants include The Goddard School, DaVita, and Petco
- 5‑year WALT with 11+ years remaining on The Goddard School lease
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
854
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 98059, WA
41,672
Population
15,001
Households
2.8
Avg Household Size
38
Median Age
51%
College-Educated
93%
High-School Grad
16.2 sq mi
ZIP Area
2,572
Density / Sq Mi
$134,336
Median Household Income
$67,119
Median Earnings
$2,230
Median Rent
$809,800
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?
Shopping center - Retail center with national tenants, established leases, and available leasing capacity.
Where is this shopping center located?
The property is located at 4250 NE 4th St Renton, WA.
What are key features of this property?
This property features: 54,264‑square‑foot shopping center shadow‑anchored by Safeway; National anchor tenants include The Goddard School, DaVita, and Petco; 5‑year WALT with 11+ years remaining on The Goddard School lease
