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Riverwood Plaza 21505 SE Renton Maple Valley Rd 8,320 SF 74% Leased Retail Building Maple Valley, WA 98038 $2,100,000 ($252.40/SF) 5.21% Cap Rate
Investment Highlights
- 8,320 sf multi tenant retail/office building in Maple Valley situated on 1.26 acres with plenty of parking.
- High Traffic on State Route 169 - SE Renton Maple Valley Road and Highway 18.
- Proforma 6.5% cap rate.
- Investor or owner user opportunity
- Value Add opportunity with up to 2,400 sf of tenant space available.
Executive Summary
Property Facts
Amenities
- Corner Lot
- Pylon Sign
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
1050 SF Medical Office Space. Currently a large open room, separate storage/office area, private bathroom. Unit is undergoing a complete renovation. Tenant can choose paint color and floor coverings if leased in the first half of Sepember. Beautiful High Beamed Ceilngs, Highly Visible Space on Maple Valley Highway Includes Space on Lighted Highway Pylon Sign Additional Rent - $697/month includes water, sewer, power, garbage, property maintenance Total Monthly Rent for first year $3,147 No Additional NNN charges
Highly Visible Space on Maple Valley Highway SUITE E Details: Approximately 930 square feet in Suite E - 190 square feet in Suite D - Suite D is leased at $29/sf/year see flyer Additional adjoining 2,400 sf space can be available - give me a call to discuss Beautiful 12’ High Beamed Ceilings Storage Room Private Bathroom Patient Waiting Area Reception Desk Area Mini-Split Heat/AC Completely built out as Medical Office Modified Gross Lease Additional Rent –$530/month (includes Water-Sewer-Garbage-Maintenance** Total Monthly Rent Suite E —$2700** No additional NNN charges SUITE D - $467 month base rent ($30 sf/year) Built out as Medical Office Break Room $467 month base rent ($30 sf/year) Highly Visible Space on Maple Valley Highway Details: Approximately 190 square feet* Additional space is available Beautiful 12’ High Beamed Ceilings Storage Room Private Bathroom Can be standalone Office Modified Gross Lease Additional Rent –$108/month (includes Water-Sewer-Power-Garbage-Maintenance** Total Monthly Rent—$575** No additional NNN charges
| Space | Size | Space Use | Position | Available |
| A | 1,050 SF | Retail | In-Line | Oct 2026 |
| D & E | 1,120 SF | Retail | End Cap | Oct 2026 |
A
| Size |
| 1,050 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Oct 2026 |
D & E
| Size |
| 1,120 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Oct 2026 |
A
| Size | 1,050 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Oct 2026 |
1050 SF Medical Office Space. Currently a large open room, separate storage/office area, private bathroom. Unit is undergoing a complete renovation. Tenant can choose paint color and floor coverings if leased in the first half of Sepember. Beautiful High Beamed Ceilngs, Highly Visible Space on Maple Valley Highway Includes Space on Lighted Highway Pylon Sign Additional Rent - $697/month includes water, sewer, power, garbage, property maintenance Total Monthly Rent for first year $3,147 No Additional NNN charges
D & E
| Size | 1,120 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Oct 2026 |
Highly Visible Space on Maple Valley Highway SUITE E Details: Approximately 930 square feet in Suite E - 190 square feet in Suite D - Suite D is leased at $29/sf/year see flyer Additional adjoining 2,400 sf space can be available - give me a call to discuss Beautiful 12’ High Beamed Ceilings Storage Room Private Bathroom Patient Waiting Area Reception Desk Area Mini-Split Heat/AC Completely built out as Medical Office Modified Gross Lease Additional Rent –$530/month (includes Water-Sewer-Garbage-Maintenance** Total Monthly Rent Suite E —$2700** No additional NNN charges SUITE D - $467 month base rent ($30 sf/year) Built out as Medical Office Break Room $467 month base rent ($30 sf/year) Highly Visible Space on Maple Valley Highway Details: Approximately 190 square feet* Additional space is available Beautiful 12’ High Beamed Ceilings Storage Room Private Bathroom Can be standalone Office Modified Gross Lease Additional Rent –$108/month (includes Water-Sewer-Power-Garbage-Maintenance** Total Monthly Rent—$575** No additional NNN charges
Property Taxes
| Parcel Number | 275220-0007 | Improvements Assessment | $684,500 |
| Land Assessment | $593,300 | Total Assessment | $1,277,800 |
Property Taxes
