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1437-1439 NW Richmond Beach Rd
Shoreline, WA 98177
Richmond Beach Plaza · Retail Property For Sale
Investment Highlights
- RECENT LEASE EXECUTIONS Two new leases executed within the past 5 months demonstrating strong Tenant commitment and veri?cation of achievable lease
- LONG-TERM LEASES Average weighted lease term is 5.2 years with one freshly extended 10 year term o?ering excellent stability.
- MINIMAL LANDLORD RE SP ONSIBILITIE S Triple Net lease expense structures on all of the leases provides the future investor with passive and predictab
- HIGHLY VISIBLE CORNER The property is strategically located on the signalized corner of Richmond Beach Road and 15th Avenue which has exposure to over
- COMMUNIT Y ESSENTIAL NEEDS RETAILERS Richmond Beach Plaza focuses on the proven high demand for restaurant and essential needs services tenancies.
- EXCELLENT DEMOGRAPHIC S The community boasts a well educated population with an average household income in excess of $155,000 annually and a median
Property Facts
Property Type
Retail
Property Subtype
Building Size
8,273 SF
Building Class
B
Year Built
1995
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.32
Lot Size
0.59 AC
Zoning
NB
Parking
36 Spaces (4.35 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 012603-9312 | Improvements Assessment | $1,873,500 |
| Land Assessment | $897,700 | Total Assessment | $2,771,200 |
Property Taxes
Parcel Number
012603-9312
Land Assessment
$897,700
Improvements Assessment
$1,873,500
Total Assessment
$2,771,200
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