Nec Petrovitsky Rd & 140 Ave Cascade-Fairwood, WA 98058
- Lifestyle centers
- 219,549 SF
Current Use by Public Records
- Lifestyle centers
Property Details for 0 Nec Petrovitsky Rd & 140 Ave
- Property size
- 219,549 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cascade-Fairwood
- County
- King
- State
- Washington
- Longitude
- -122.154
- Latitude
- 47.4455