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Renton WA Freestanding Former Rite Aid 17615 140th Ave SE 16,892 SF 4% Leased Retail Building Renton, WA 98058 For Sale



INVESTMENT HIGHLIGHTS
- PRIME LOCATION:The property enjoys a premier location within Renton (Fairwood), WA., a well-established suburban community in the heart of King County
- GREAT SITE / ACCESS / PARKING:The site features well-designed convenient surface parking with multiple points of ingress and egress and drive-throughs
- STRONG DEMOGRAPHICS Renton (Fairwood) is home to stable, well-educated, high-income families with an average household income over $147,000 / yr.
- HIGH QUALITY / FLEXIBLE BUILDING: This prominent masonry block building was a premium build-to suit for Rite Aid in 2006 with open concept floor plan
- THRIVING TRADE AREA: Renton (Fairwood) serves as a vibrant trade area for South Eastside King County with over 214,000 affluent residents within 5 mi.
- VISIBILITY & ACCESSIBILITY: The property benefits from excellent street front orientation and large pylon, monument and building facade signage
EXECUTIVE SUMMARY
As a rare King County South Eastside “Big Box” opportunity, this core asset, with excellent real estate fundamentals has unlimited potential for the savvy tenant, developer or investor.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
AMENITIES
- Mezzanine
- Pylon Sign
- Security System
- Signage
- Tenant Controlled HVAC
- Drive Thru
- Wheelchair Accessible
- Storage Space
- Monument Signage
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Linc Properties is pleased to offer the exclusive opportunity to purchase or lease a high-quality and very versatile freestanding property located in the heart of thriving Eastside King County in Fairwood, Washington State. This well built and highly flexible building with drive-thru was originally constructed as a build-to-suit for Rite Aid in 2006 and has continuously operated as a successful high volume retail location until recently vacated due to the Rite Aid Bankruptcy proceedings. This large independent lot has excellent ingress and egress, great circulation and abundant parking all positioned with direct access to the high traffic intersection of 140th and Petrovisky Rd. with over 40.000 VPD. The property has great visibility with pylon, monument and façade signage for high exposure. Situated just minutes from Interstate 405, Fairwood is a strong demographic market within a well-established and growing community. As a rare Eastside “Big Box” opportunity, this asset has unlimited potential for the savvy tenant, developer or investor.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 5,000-16,280 SF | Retail | - | Now |
1st Floor
| Size |
| 5,000-16,280 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 5,000-16,280 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Linc Properties is pleased to offer the exclusive opportunity to purchase or lease a high-quality and very versatile freestanding property located in the heart of thriving Eastside King County in Fairwood, Washington State. This well built and highly flexible building with drive-thru was originally constructed as a build-to-suit for Rite Aid in 2006 and has continuously operated as a successful high volume retail location until recently vacated due to the Rite Aid Bankruptcy proceedings. This large independent lot has excellent ingress and egress, great circulation and abundant parking all positioned with direct access to the high traffic intersection of 140th and Petrovisky Rd. with over 40.000 VPD. The property has great visibility with pylon, monument and façade signage for high exposure. Situated just minutes from Interstate 405, Fairwood is a strong demographic market within a well-established and growing community. As a rare Eastside “Big Box” opportunity, this asset has unlimited potential for the savvy tenant, developer or investor.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 247390-0020 | Improvements Assessment | $5,246,700 |
| Land Assessment | $2,456,100 | Total Assessment | $7,702,800 |
PROPERTY TAXES
Presented by
Linc Properties
Renton WA Freestanding Former Rite Aid | 17615 140th Ave SE
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