23313 Pacific Hwy Kent, WA 98032
Highline Village offers a prime retail opportunity in Kent/Des Moines, boasting 41,663 square feet of total space within a thriving shopping center. Currently, 7,050 square feet of vacant space is available, divisible into units ranging from a minimum of 1,200 square feet to a maximum contiguous space of 4,200 square feet. The center enjoys a strategic location at a major intersection, experiencing over 67,000 cars passing daily. Its proximity to Interstate 5 and SR 516 ensures excellent accessibility, while its adjacency to Highline College, with its 13,000+ student population, provides strong foot traffic. Ample parking is available, with a ratio of four spaces per 1,000 square feet. This King County property presents significant growth potential, further enhanced by the upcoming 2024 opening of a nearby light rail station. The multiple tenancy structure offers flexibility for various retail and restaurant concepts. This is an exceptional opportunity to establish a presence in a high-traffic, rapidly developing area. Inquire today to learn more about this exciting investment prospect.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.