13215 SE 240th St
Kent WA 98042
Kent Meridian Place
13215 SE 240th St Kent WA 98042
Listing #: 654289 | Status: Available | Last Modified: 8/16/2022 |
For Sale
- Phone:(206) 210-5207
- Email:amathieu@lee-associates.com
- Office Name:Lee & Associates Commercial Real Estate Services
- Office Phone:(425) 454-4242
- Office Website:
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 7,902,841.0
- $/SF$ 321.6
- Listing StatusAvailable
- Days on Market1063
- Asset ClassRetail
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 5.50 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units18
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Crane Count
- Crane Tonnage0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Second Road Front
- Grade Level Door Count
- Tennant Improvement Allowance
- Building StatusExisting
- # of Buildings3
- # of Floors1
- # of Units18
- # of Elevators0
- Clearance Height Min0
- Clearance Height Max
- Bay Depth
- Total Building SF24577
- Net Rentable Area24248
- Total Office SF12124
- Largest Contiguous SF4600
- Lot SF96268
- Acres2.21
- Property TypeRetail
- Office TypeMulti-Tenant
- InvestmentYes
- Building Class
- CountyKing
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaCovington
- Tax ID #2222059010
- Additional Parcels
- ZoningCC
- # Covered Spaces0
- # Uncovered Spaces106
- Total Parking Spots106
- Parking Ratio4/1000
- Year Built1984
- Year Renovated1995
- Completion Date
- Roof Type
- Construction TypeWood
Kent Meridian Retail Building for Sale
Great visibility at the intersection of SE 240th Street and 132nd Ave SE Steady diversified income stream Signaled corner lot 65% of Tenants in property for 8+ years Adjacent to QFC Parcel: 222205-9010
Retail center located on Kent`s East Hill adjacent to QFC anchored shopping center. Property on 240th street with great traffic and demographics near expanding Covington market.
Mixed-Use