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Property profile & analytics
OFF-MARKET
Lifestyle centers

0 Nec Petrovitsky Rd & 140 Ave Cascade-Fairwood, WA 98058

219,549 SF
Property ID
Property summary
AI-generated overview

This exceptional 219,549 square foot community shopping center, located in Renton, Washington's affluent King County, presents a prime retail investment opportunity. Anchored by prominent national tenants such as Safeway, LA Fitness, Bartell Drugs, and Ace Hardware, this center boasts a strong existing tenant base. The property offers multiple spaces available for lease, ranging from a minimum of 440 square feet to a maximum contiguous space of 2,277 square feet. Currently, 8,083 square feet are vacant, providing immediate opportunities for expansion or new business ventures. The center's strategic location within a high-income trade area ensures a robust customer base. Further enhancing its appeal, the property includes other national tenants like Starbucks, Bank of America, and Chase Bank, creating a synergistic and attractive retail environment. Under new ownership, First Washington Realty, Inc., the center is undergoing a significant revitalization with an aggressive leasing and management program designed to maximize its potential and deliver exceptional returns. This is a rare chance to secure retail space in a thriving, well-established shopping center with a bright future.

Property profile
Verified
Property type Lifestyle centers
Total area 219,549 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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