354 Union Ave NE | Renton, WA 98059
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- LoopNet Team
354 Union Ave NE
Renton, WA 98059
Les Schwab Tire Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- NEWLY RENOVATED $1.7M renovation completed in November 2021 with an emphasis on quality construction, durability and long-term operational excellence.
- A well-known tire and automotive service provider with a strong reputation for providing outstanding customer service.
- This strategic location has made it an attractive destination for large employers such as Boeing, Valley Medical Center, Fred Meyer and PACCAR Inc.
- Sale lease back comes with a corporate guaranteed, 20-year Absolute NNN Lease (zero landlord responsibilities) with 10% rent escalations every 5 yrs.
- Located 5 minutes from I-405 at the southern edge of Lake Washington, Renton enjoys a prime position near major urban hubs like Seattle and Bellevue.
- Located on the SEC of NE 4th street and Union Ave NE, traffic counts at this intersection exceed +30,000 vehicles per day.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
13,300 SF
Building Class
C
Year Built/Renovated
1988/2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.25 AC
Zoning
CA - Commercial
PROPERTY TAXES
| Parcel Number | 518210-0010 | Improvements Assessment | $1,746,600 |
| Land Assessment | $1,142,800 | Total Assessment | $2,889,400 |
PROPERTY TAXES
Parcel Number
518210-0010
Land Assessment
$1,142,800
Improvements Assessment
$1,746,600
Total Assessment
$2,889,400
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