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19919 1st Ave S
Normandy Park, WA 98148
Normandy Park Towne Center - Building #1 · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • 100% LEASED
  • SUPERIOR CONSTRUCTION/CURB APPEAL
  • CONTRACTED RENTAL INCREASES

EXECUTIVE SUMMARY

100% Leased | Tenants Include: Indian Bite, Steneker Family Medicine, Inclusive Aesthetics, Mia Bella Salon, Burien Eyecare, & Subway

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,158 SF
Building Class
B
Year Built
2007
Price
$4,405,823
Price Per SF
$433.73
Cap Rate
6%
NOI
$264,349
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.04
Lot Size
5.61 AC
Zoning
NS
Parking
35 Spaces (3.45 Spaces per 1,000 SF Leased)
Frontage
202’ on 1st Ave S

AMENITIES

  • Bus Line

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
611540-0142
Land Assessment
$2,379,000
Improvements Assessment
$6,948,000
Total Assessment
$9,327,000
  • Listing ID: 37793354

  • Date on Market: 9/23/2025

  • Last Updated:

  • Address: 19919 1st Ave S, Normandy Park, WA 98148

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