330 43rd St Renton, WA 98057-4900
This exceptional single-tenant retail space, ideally suited for a restaurant, is located at 330 SW 43rd St in Renton, Washington, 98057. The property boasts a generous 2,432 square feet of space, providing ample room for operations and customer seating. Its prime location offers excellent visibility and accessibility, with strong potential for attracting a substantial customer base. The property features great building signage opportunities, maximizing brand exposure and attracting potential patrons. Currently available as a sublease, the term extends through May 2027, with the possibility of a longer sublease term and extensions, offering flexibility and security for the tenant. This presents a unique opportunity for a restaurant or other retail business seeking a well-situated space in a thriving Renton community. The property's size and location make it an attractive option for businesses looking to establish or expand their presence in the area. The existing sublease agreement provides a clear path to occupancy, minimizing the time and effort required to secure a suitable location. The potential for extension offers long-term stability and planning certainty. Interested parties are encouraged to inquire promptly to explore this exciting opportunity.
15. In the CD and CO Zones, outdoor retail sales are limited to farmer’s markets. In the RMF Zone, outdoor retail sales are limited to vending machines and retail product lockers. In all other zones, outdoor retail sales are limited to farmer’s markets, building, hardware and garden products, vending machines, and retail product lockers. Vending machines and…
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
CO · Renton, WA15. In the CD and CO Zones, outdoor retail sales are limited to farmer’s markets. In the RMF Zone, outdoor retail sales are limited to vending machines and retail product lockers. In all other zones, outdoor retail sales are limited to farmer’s markets, building, hardware and garden products, vending machines, and retail product lockers. Vending machines and retail product lockers shall comply with the following standards: a. No more than two (2) units shall be permitted outside of a building; b. The maximum width of the combined units shall be no more than twelve feet (12'); c. The units shall not block any openings (e.g., windows, doors, etc.); d. The units shall not impede ADA accessibility; and e. The units shall not be located within a surface parking area or landscaped area, and shall be situated such that it abuts a building facade. (Ord. 5841, 6-12-2017) 16. Attached dwelling units may be allowed in conformance with the following: a. Mass Transit Facilities: At least fifty percent (50%) of the lot shall be located within one-quarter (1/4) mile (as the crow flies) of at least one of the following: i. Bus Stop: An official bus service stop that offers levels of service comparable to the following: (a) Service at least every ten (10) minutes during peak morning and evening travel times; (b) Fifteen (15) minute service during off-peak periods; (c) Scheduled service for late night/early mornings; and (d) Full service seven (7) days a week. ii. Dedicated Park and Ride: A Park and Ride, as defined in RMC 4-11-160 , Definitions P. iii. Commuter Rail: A passenger rail station. b. Mixed Use Building: Dwelling units shall be allowed only within a vertically mixed use building with ground floor commercial designed and developed pursuant to RMC 4-4-150 , Residential Mixed-Use Development Standards. Commercial uses on the ground floor shall be limited to retail sales, on-site services, eating and drinking establishments, taverns, daycares, preschools, indoor recreational facilities, pet daycares, craft distilleries/small wineries/micro-breweries with tasting rooms and similar uses as determined by the Administrator. c. Structured Parking: Required parking for the dwelling units shall be provided entirely within an attached structured parking facility. If not provided within a structured parking garage, surface parking lots serving commercial uses shall be located to the rear and/or side of the building. d.
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.
