25250 Pacific S Hwy Kent, WA 98032-6539
This exceptional retail opportunity presents itself in the thriving Fred Meyer Shopping Center, located at 25250 Pacific Hwy S in Kent, Washington, 98032. The property boasts a total building area of 169,000 square feet and sits on a generous 8-acre lot. Currently, there is 1,533 square feet of vacant space available, perfect for a variety of retail uses. The center features a multi-tenant configuration, benefiting from the established presence of a major anchor tenant. Its strategic location in King County ensures high visibility and accessibility, placing it within a densely populated area with significant foot traffic and vehicular access. The property's size and location make it an ideal investment for businesses seeking a strong foothold in a bustling retail environment. The available space offers a chance to establish a presence in a well-established and successful shopping center, benefiting from the existing customer base and high traffic volume. This is a rare opportunity to secure retail space in a prime Kent location. The property is zoned for retail use and offers ample parking for customers and employees. Further details regarding lease terms and conditions are available upon request.
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Fred Meyer Grocery & Convenience Store Food Market
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Fred Meyer Grocery Pickup and Delivery Grocery & Convenience Store Food Market
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Steven Dinh Pharmacy
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Jo Ann Perez Pharmacy
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Jae Lee Pharmacy
It is the purpose of the CMdistrictto provide locations for those types of developments which combine some characteristics of both retail establishments and small scale, light industrial operations, heavy commercial and wholesaleuses, and specialty manufacturing
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 Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CM · Kent, WAIt is the purpose of the CMdistrictto provide locations for those types of developments which combine some characteristics of both retail establishments and small scale, light industrial operations, heavy commercial and wholesaleuses, and specialty manufacturing
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.