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Kent Development Site 26047 116th Ave SE

3,231 SF Retail Building Kent, WA 98030 $2,262,095 ($700/SF)

Investment Highlights

  • Corner Lot
  • Over 30,000 average daily traffic count
  • 0.94 Acres zoned SR-8, Kent
  • Situated at hard corner of signalized intersection

Executive Summary

Corner lot located at the intersection of SE Kent-Kangley Road (Hwy 516) and 116th Avenue SE. Located across the street from Starbucks, Sonic, and 7-Eleven. Situated at hard corner of signalized intersection. 41,129 Square Foot Lot, or 0.94 Acres.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Day Care Center
Building Size
3,231 SF
Building Class
B
Year Built
1982
Price
$2,262,095
Price Per SF
$700
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.94 AC
Zoning
SR-8
Parking
10 Spaces (3.09 Spaces per 1,000 SF Leased)
Frontage
267 FT on 116th SE

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 3,231 SF
  • Retail
  • -
  • Now

Join Take 5 Oil Change at high traffic corner lot. 37,129 SF available for sale, ground lease, or build-to-suit. Over 30,000 average daily traffic count. Access via right-in, right-out on 116th Ave SE.

Space Size Space Use Position Available
1st Floor 3,231 SF Retail - Now

1st Floor

Size
3,231 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 3,231 SF
Space Use Retail
Position -
Available Now

Join Take 5 Oil Change at high traffic corner lot. 37,129 SF available for sale, ground lease, or build-to-suit. Over 30,000 average daily traffic count. Access via right-in, right-out on 116th Ave SE.

Nearby Major Retailers

Starbucks
WaFd Bank
TacoTime
Bank of America
Applebee's
Ivar's Seafood Bars
Ymca
Ezell's Famous Chicken
KeyBank
Happy Lemon

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
292205-9130
Land Assessment
$627,200
Improvements Assessment
$199,000
Total Assessment
$826,200
  • Listing ID: 27115089

  • Date on Market: 11/14/2022

  • Last Updated:

  • Address: 26047 116th Ave SE, Kent, WA 98030

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