275 Rainier Ave S | Renton, WA 98057
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- LoopNet Team
275 Rainier Ave S
Renton, WA 98057
Walgreens · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Property located on a hard-corner signalized intersection with nearly 60,000 VPD at intersection in a dense retail trade area in Renton, WA
- Investment offers an investor ZERO landlord responsibilities with NO management required
- Nearby National Retailers include: Fred Meyer, Safeway, Walmart, Chipotle, Chick-fil-A, 7-Eleven, Taco Bell, Tesla
- Due to the strength of this location Walgreens executed a brand new 13-year lease with increases throughout initial term and options | Inflation Hedge
- Densely populated location with over 295,000 residents and household incomes over $112,900 within a 5-mile radius
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,905 SF
Building Class
C
Year Built
1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.64 AC
Zoning
CA
Parking
63 Spaces (4.53 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Car Charging Station
PROPERTY TAXES
| Parcel Number | 182305-9079 | Improvements Assessment | $4,259,400 |
| Land Assessment | $2,836,900 | Total Assessment | $7,096,300 |
PROPERTY TAXES
Parcel Number
182305-9079
Land Assessment
$2,836,900
Improvements Assessment
$4,259,400
Total Assessment
$7,096,300
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