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    15610 272Nd St Kent, WA 98042

    Sponsored
    For Lease
    $36 SF/Yr

    Kent, WA retail space: 1,000-6,037 sq ft available.

    Lot size:
    8,178 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Kent, WA retail opportunity, located at 15610 SE 272nd St, zip code 98042, offers 6,037 square feet of immediately available space within a larger 8,178 square foot single-story building. The property is part of the Meridian South Retail Center, a mixed-use development strategically situated along busy SR-516, providing excellent connectivity to Kent, Covington, and Maple Valley. The center includes five storage buildings leased to Extra Space Storage, ensuring a stable and thriving environment. Two retail/office buildings are available, each offering drive-thru space potential. This new development is nearing completion and offers customizable spaces to meet tenant requirements. Individual spaces range from a minimum of 1,000 square feet to a maximum contiguous space of 6,037 square feet, making it suitable for a variety of businesses. The property's prime location and flexible space options present a unique opportunity for businesses seeking high visibility and convenient access to a growing market. Contact us today to learn more about this exciting opportunity.

    Property Features for 15610 272Nd St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,178 SF
    Total Rate
    24534

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Building A
    Size
    1,796 SF
    Rate per SF
    $37
    Space
    Building B
    Size
    6,037 SF
    Rate per SF
    $37

    HighLights

    • 6,037 SF immediately available retail space in a new 8,178 SF building.
    • Located at 15610 SE 272nd St, Kent, WA 98042, in the Meridian South Retail Center on SR‑516.
    • Rental rate: $36.00-$37.50/SF, NNN.
    • Estimated 2024 NNN expenses: $10.00/SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pollard Chiropractic Chiropractor Extra Space Storage Self-Storage Facility Pearson Chiropractic & Rehabilitation ... Chiropractor Rebound SportsMed Chiropractor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kent
    County
    King
    State
    Washington
    Longitude
    -122.13295584741
    Latitude
    47.357924340522

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    FAQs

    What type of property is this?
    Retail property - Kent, WA retail space: 1,000-6,037 sq ft available.
    Where is this retail property located?
    The property is located at 15610 272Nd St Kent, WA.
    What is the lease rate?
    The lease rate is $37 SF/Yr.
    What are key features of this property?
    This property features: 6,037 SF immediately available retail space in a new 8,178 SF building.; Located at 15610 SE 272nd St, Kent, WA 98042, in the Meridian South Retail Center on SR-516.; Rental rate: $36.00-$37.50/SF, NNN.
    Request Owner's contact information
    15610 272Nd St Kent, WA 98042
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    Kent, WA 98042
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15610 272Nd St Kent, WA 98042
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