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Property profile

20600 108Th Ave Kent, WA 98031

OFF-MARKET
Lifestyle centers
22,470 SF
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Property summary

AI-generated overview

Panther Lake Shopping Center presents a prime retail leasing opportunity in Kent, WA's thriving East Hill area. This established shopping center boasts a total of 22,470 square feet, with a currently available end-cap space of 4,418 square feet. The property enjoys exceptional visibility and accessibility, strategically located near the intersection of major highways 167, I-405, and I-5, resulting in over 65,000 vehicles passing daily. This high traffic count ensures significant customer exposure for potential tenants. The center's proximity to Boeing's Kent facility, a major employment center, further enhances its appeal and provides a substantial pool of potential customers within a short distance. Ample parking is available for shoppers and employees, ensuring convenience and ease of access. Additional benefits include prominent pylon signage opportunities, maximizing visibility and brand recognition. The property is classified as a multi-tenant shopping center within King County. This is an excellent chance to establish or expand your business in a high-demand location with strong potential for growth and profitability. The available space is an end-cap unit, offering increased visibility and potential for customized storefront design. Don't miss this opportunity to secure a space in this thriving retail center.

Property profile

Verified
Property type Lifestyle centers
Total area 22,470 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center Sports School
  • Business Service Center Corporate Office
  • Gym & Fitness Center

Location

20600 108Th Ave Kent, WA 98031
Kent metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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