16735 272nd St, Covington, WA 98042-4942
- Outlet malls
- 174,877 SF
- 14.50 lot acres
Current Use by Public Records
- Outlet malls
Property Details for 16735 272nd St
- Year built
- 1997
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 14.50 lot acres
- Zone code
- MC
- Property type
- Outlet malls
- Property subtype
- Shopping centers
- APN
- 362205-9007
- APU
- 3622059007
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Oct 4, 2011 | $700,000 | Haneys LLC | Fred Meyer Stores INC | Warranty Deed | — |
| Dec 28, 2007 | $166,685 | Fred Meyer Stores INC | Costco Wholesale Corp | Warranty Deed | — |
| Dec 28, 2007 | $1,240,834 | Costco Wholesale Corp | Fred Meyer Stores INC | Warranty Deed | — |
| Sep 26, 2007 | $2,592,000 | City Of Covington | Fred Meyer Stores INC | Quit Claim Deed · related | — |
| Apr 19, 2005 | — | Fred Meyer Store INC | Roundup | Grant Deed · related | — |
| Oct 14, 2003 | — | Fred Meyer Stores INC | Roundup Co | Grant Deed · related | — |
| Sep 24, 1996 | $500 | Washington State | Roundup Co | Trustees Deed · related | — |
| Sep 24, 1996 | — | Washington State | Roundup Co | Trustees Deed · related | — |
| — | — | Wilmington Trust | — | Deed Of Trust · related | $500k · Bankers Trust Co |
Description
This exceptional retail property, located at 16735 SE 272nd St in Kent, WA 98042, offers 174,877 square feet of gross leasable area (GLA) within a single, one-story building constructed in 1997 and renovated in 2000. The property sits on a 14.5-acre lot and boasts ample parking with a 4/1000 ratio. Its strategic location at the intersection of SE 272nd Street and 168th PL SE benefits from a combined daily traffic count of 48,610 vehicles. The center enjoys convenient access to WA-18, providing excellent visibility and accessibility for customers. This Class C property is zoned MC and features a Fred Meyer anchor tenant, ensuring a strong base of existing traffic. The property is ideal for retail and service-oriented tenants seeking a high-traffic location with established neighboring businesses including Costco, Safeway, and Kohl's. The maximum contiguous space available is 174,877 square feet, making it suitable for a variety of uses. The property includes all necessary power but does not have elevators. The APN is 362205-9007. This is a prime opportunity for investors seeking a well-located, established retail center in a thriving area.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Covington
- County
- King
- State
- Washington
- Longitude
- -122.119
- Latitude
- 47.3565
- CBSA code
- 42660
- CBSA name
- SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
