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Lake Meridian Crossing 13101 Kent Kangley Rd

3,505 SF of Retail Space Available in Kent, WA 98030

Highlights

  • Very busy Neighborhood Retail Center on Hwy 516 and minutes from Hwy 18, has great parking area and i located at signalized corner.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Ceiling
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste NEW SPACES
  • 3,505 SF
  • 17’
  • Negotiable
  • $27.00 /SF/YR $2.25 /SF/MO $94,635 /YR $7,886 /MO
  • Triple Net (NNN)
13003 SE Kent Kangley Rd - 1st Floor - Ste NEW SPACES
Space Use
Retail
Condition
Full Build-Out
Availability
Now

NEW SPACES: - NEW: 3,505 SF Available (with possibility to demise: 1,402 SF | 2,103 SF) - Rate: $27.00 - $30.00/SF NNN

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • High Ceilings
  • Finished Ceilings: 17’
  • Busy Safeway/Safeway Gas Anchored Center.
  • Over 40,000 VPD - Busy Signalized Intersection
  • Plenty of Parking
Space Size Ceiling Term Rental Rate Rent Type
1st Floor, Ste NEW SPACES 3,505 SF 17’ Negotiable $27.00 /SF/YR $2.25 /SF/MO $94,635 /YR $7,886 /MO Triple Net (NNN)

13003 SE Kent Kangley Rd - 1st Floor - Ste NEW SPACES

Size
3,505 SF
Ceiling
17’
Term
Negotiable
Rental Rate
$27.00 /SF/YR $2.25 /SF/MO $94,635 /YR $7,886 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

NEW SPACES: - NEW: 3,505 SF Available (with possibility to demise: 1,402 SF | 2,103 SF) - Rate: $27.00 - $30.00/SF NNN

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • High Ceilings
  • Finished Ceilings: 17’
  • Busy Safeway/Safeway Gas Anchored Center.
  • Over 40,000 VPD - Busy Signalized Intersection
  • Plenty of Parking

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

SELECT TENANTS AT Lake Meridian Crossing

  • Pizza Hut
  • Safeway
  • Safeway Gas

PROPERTY FACTS FOR 13101 Kent Kangley Rd , Kent, WA 98030

Center Type Neighborhood Center
Parking 358 Spaces
Center Properties 3
Gross Leasable Area 88,463 SF
Total Land Area 8.88 AC
Year Built 2002

About the Property

PROPERTY FEATURES: • Busy Safeway/Safeway Gas Anchored Center. Other Tenants Include: Pizza Hut & Starbucks • Local retail hub! Located at same intersection as Lake Meridian Marketplace • Located within a highly sought-after family residential area • Over 40,000 VPD - Busy Signalized Intersection • Nearby Tenants Include: Trader Joes, 24 hr Fitness, Habit Burger, Walgreens & Bartell Drugs • Plenty of Parking

Nearby Major Retailers

Safeway
Starbucks
Chase Bank
MOD Pizza
Bank of America
Shari's Cafe and Pies
Cafe Rio
Trader Joe's
LA Fitness
WW
  • Listing ID: 18725613

  • Date on Market: 7/25/2022

  • Last Updated:

  • Address: 13101 Kent Kangley Rd, Kent, WA 98030

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