Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    365 Grady Way Renton, WA 98057

    Sponsored
    For Lease
    $18 SF/Yr

    High-traffic retail & office space, Renton

    Lot size:
    91,813 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Renton, King County property offers 91,813 square feet of retail, restaurant, and office space across three single-story buildings. Built in 1965 and renovated in 2007, the property sits on a 9.8-acre lot (426,966 sq ft) with a generous 4.5:1 parking ratio. The maximum contiguous space available is 5,240 square feet, ideal for a variety of businesses. Located at the intersection of I-405 and SR-167, near S Grady and Rainier Ave. South, this location boasts exceptional visibility and accessibility, with two signalized intersections allowing for full left-turn movements. Annual property taxes are $6.75 per square foot. The property benefits from high daily traffic volume of approximately 29,909 vehicles per day (2018 data) on South Grady Way. It's situated directly across from a major Park & Ride, soon to be redeveloped into a South Renton Bus Rapid Transit Center (construction starting 2023). This prime location offers easy access to I-405, connecting to Bellevue, Seattle, and SEATAC International Airport. Strong co-tenancy includes Uwajimaya, Big 5 Sporting Goods, McDonald's, Applebee's, Genki Sushi, Wells Fargo, and Lemongrass Restaurant, ensuring a consistent flow of customers throughout the day and evening. The APN is 1923059043. This property presents a unique opportunity for businesses seeking high visibility and convenient access in a thriving Renton submarket.

    Property Features for 365 Grady Way

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    91,813 SF
    Total Rate
    137719.5

    Building Details

    Year Built/Renovated
    1965/2007
    Buildings
    3
    Stories
    1

    Unit(s) available at that property

    Space
    Former Rite Aid Space
    Size
    20,000 SF
    Rate per SF
    $18

    HighLights

    • 91,813 square feet total building area, comprised of three, one‑story buildings.
    • 5,240 square feet maximum contiguous space available.
    • 9.8‑acre lot (426,966 square feet) in King County's Renton submarket.
    • Built in 1965, renovated in 2007.
    • Excellent access via two signalized intersections with full left‑turn capabilities, and proximity to I‑405, SR‑167, and high‑traffic South Grady Way (approx. 29,909 VPD).
    • Strong tenant mix including Uwajimaya, Big 5 Sporting Goods, McDonald's, Applebee's, and more.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    Renton
    County
    King
    State
    Washington
    Longitude
    -122.2132248
    Latitude
    47.4703646

    Nearby Similar for Lease

    • $3,500 /Mo
      2,200 SF

      Downtown Renton Warehouse Style Space

      Unique 2,200 sq ft warehouse space in downtown Renton.
      205 Logan Ave S, Renton, WA 98057
      View Details
    • Contact for pricing
      16,892 SF

      Renton Retail Opportunity

      Freestanding retail property in King County with high traffic exposure.
      17615 140 Ave SE, Renton, WA
      View Details
    • Contact for pricing
      1,277 SF

      Urban-Village Shopping Center Retail Space

      Retail space available in a large urban-village shopping center.
      1215 N Landing Way, Renton, WA 98055
      View Details
    • $38 SF/Yr
      4,084 SF

      Waterfront Retail Space in Renton

      Modern retail and restaurant space in Renton's waterfront community.
      1083 Lk Washington Blvd N, Renton, WA
      View Details
    • $26 SF/Yr
      1,638 SF

      Renton Dental Office Suite Available

      Fully built-out dental office suite for lease near Valley Medical.
      10700 SE 174Th Ter, Renton, WA
      View Details
    • Contact for pricing
      27,912 SF

      Renton Flex Space: Prime Location

      Versatile Industrial/Office Space Available
      865-901 Rainier Ave, Renton, WA 98057
      View Details
    • $22 SF/Yr
      132,000 SF

      Renton Industrial Space Available

      132,000 SF Multi-Tenant Industrial Building
      801 16Th St, Renton, WA 98057
      View Details
    • $15 SF/Yr
      17,080 SF

      Prime Renton Executive Office Space

      6,407 SF Available in Class B Building
      560 Naches Ave, Renton, WA 98057
      View Details
    • $27 SF/Yr
      1,453 SF

      Renton Highlands Office Space Available

      1453 SF office space in desirable Renton Highlands location.
      1620-1702 Duvall Ave NE, Renton, WA 98059
      View Details
    • $3,000 /Mo
      1,080 SF

      Remodeled Home Near Transit Center

      Remodeled 3 bed + office home with commuter convenience.
      627 S Smithers Ave, Renton, WA 98057
      View Details
    • $3,000 /Mo
      1,056 SF

      Updated Rambler with Fenced Yard

      Three-bedroom rambler with updated features, fenced yard, and A/C.
      3600 NE 10Th St, Renton, WA 98056
      View Details
    • $1.20 SF/Yr
      234,489 SF

      High Bay Warehouse Sublease Opportunity

      High bay warehouse space available for sublease in Renton, WA.
      4051 Oakesdale Ave SW, Renton, WA 98057
      View Details

    FAQs

    What type of property is this?
    Restaurant - High-traffic retail & office space, Renton
    Where is this restaurant located?
    The property is located at 365 Grady Way Renton, WA.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 91,813 square feet total building area, comprised of three, one-story buildings.; 5,240 square feet maximum contiguous space available.; 9.8-acre lot (426,966 square feet) in King County's Renton submarket.
    Request Owner's contact information
    365 Grady Way Renton, WA 98057
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    365 Grady Way
    Renton, WA 98057
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    365 Grady Way Renton, WA 98057
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.