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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

216th St Des Moines, WA 98198

9,069 SF 0.21 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1,320 square foot retail or office space is ideally situated at 7743 Mentor Ave, offering high visibility and accessibility. Located in a bustling commercial area between Starbucks and Taco Bell, this in-line unit benefits from its position on heavily trafficked Mentor Avenue (Route 20), minutes from Lakeland Freeway and I-90. The space features a clean, modern design with polished concrete floors, making it suitable for a variety of uses, including salons, accounting firms, insurance agencies, general retail businesses, or restaurants. The building boasts 40 parking spaces, ensuring ample parking for customers and employees. Monument signage provides excellent visibility, and the convenient traffic light access ensures easy ingress and egress. This property is part of a larger 9,703 square foot building on a 0.89-acre lot. Its strategic location across from Great Lakes Mall, the top retail destination within a 20-mile radius, guarantees high foot traffic and exposure to a strong customer base. The surrounding area features thriving businesses and residential subdivisions, creating a robust demographic profile. The minimum divisible space is 1,320 square feet, with a total of 1,320 square feet currently vacant. This presents a unique opportunity to establish a thriving business in a prime commercial location.

Property profile
Verified
Property type Retail properties & Spaces
Total area 9,069 SF
Lot 0.21 ac (9,148 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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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