19803 1st S Ave Normandy Park, WA 98148-2472
Normandy Park Towne Center offers a unique opportunity to lease retail space in a thriving King County location. This Class C strip center, built in 2007 and renovated in 2014, comprises five single-story buildings totaling 81,273 square feet on an 8.03-acre lot (349,825 square feet). The center is currently zoned NC and features 388 parking stalls, ensuring ample customer convenience. Spaces range from a minimum of 1,295 square feet to a maximum contiguous space of 1,445 square feet, with 2,740 square feet currently vacant. The property boasts excellent visibility and accessibility, benefiting from a high average daily traffic count of 12,835 vehicles on SR 509. Its strategic location near SeaTac International Airport, major highways, and downtown Seattle provides exceptional exposure to a large customer base. Current anchors include Ace Hardware and Normandy Park Ale House, creating a vibrant and well-established retail environment. A new gas station and convenience store are planned for the near future, further enhancing the center's appeal and drawing additional traffic. This property is ideal for a variety of businesses, including restaurants, offices, retail establishments, or professional service providers seeking a high-traffic, easily accessible location in a desirable waterfront community. The property's APN is 6115400142.
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Isalis (Bike/Boat/Book/etc) Store
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Party City Party Supply Store (Bike/Boat/Book/etc) Store
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Skunk Funk Big Box & Wholesale Store
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Carl's Trading Co Hat Shop
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Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
NC · Normandy Park, WANormandy Park. Always verify with local authorities before improvements.
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.