Log In/Sign Up
Your email has been sent.
Renton Highlands Shopping Center 4250 NE 4th St 54,264 SF 82% Leased Retail Building Renton, WA 98059 For Sale
Investment Highlights
- DIVERSE TENANT ROSTER AND STABLE INCOME STREAM
- QUALITY SITE LAYOUT & ACCESSIBILITY
- STRONG RETAIL FUNDAMENTALS
- SHADOW-ANCHORED BY TOP-PERFORMING SAFEWAY
- FUTURE BREAK-UP OPPORTUNITY
- ROBUST DEMOGRAPHIC PROFILE & HIGH-GROWTH TRADE AREA
Executive Summary
???????? ?????????????????? | ??????????????????, ??????????????????????, ????????
Renton Highlands Shopping Center presents a Safeway shadow-anchored center with successful national anchor tenants, strong cash flow, and immediate leasing upside in a high-income trade area of the Puget Sound Region.
• Shadow-anchored by a top-performing Safeway
• 5-year WALT
• 11+ years remaining on The Goddard School lease
• DaVita exercised a 5-year lease extension in 2025
• Petco exercised a 5-year lease extension in 2024
• Break-up opportunity
• 82% leased, providing leasing upside
• $152K average household incomes and 104K residents within a 3-mile radius
• 9 miles to Downtown Bellevue and 16 miles to Downtown Seattle
Renton Highlands Shopping Center presents a Safeway shadow-anchored center with successful national anchor tenants, strong cash flow, and immediate leasing upside in a high-income trade area of the Puget Sound Region.
• Shadow-anchored by a top-performing Safeway
• 5-year WALT
• 11+ years remaining on The Goddard School lease
• DaVita exercised a 5-year lease extension in 2025
• Petco exercised a 5-year lease extension in 2024
• Break-up opportunity
• 82% leased, providing leasing upside
• $152K average household incomes and 104K residents within a 3-mile radius
• 9 miles to Downtown Bellevue and 16 miles to Downtown Seattle
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
54,264 SF
Building Class
B
Year Built
1983
NOI
$1,034,435
Percent Leased
82%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.35
Lot Size
3.56 AC
Zoning
CA - Retail Trade
Frontage
391’ on Union Ave NE
Amenities
- Pylon Sign
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Available: Combined 9,565 SF - Former 24 Hour Fitness: 7,465 SF + Former Desert Sun Tan: 2,100 SF | Contact Broker for Rental Rate | NNN: $7.00 PSF *Broker to verify commission with Listing Agent when submitting an offer.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 2,100-9,565 SF | Retail | - | Now |
1st Floor
| Size |
| 2,100-9,565 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 2,100-9,565 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Available: Combined 9,565 SF - Former 24 Hour Fitness: 7,465 SF + Former Desert Sun Tan: 2,100 SF | Contact Broker for Rental Rate | NNN: $7.00 PSF *Broker to verify commission with Listing Agent when submitting an offer.
Walk Score®
Very Walkable (74)
Nearby Major Retailers
Property Taxes
| Parcel Number | 102305-9128 | Improvements Assessment | $8,899,600 |
| Land Assessment | $4,183,800 | Total Assessment | $13,083,400 |
Property Taxes
Parcel Number
102305-9128
Land Assessment
$4,183,800
Improvements Assessment
$8,899,600
Total Assessment
$13,083,400
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Renton Highlands Shopping Center | 4250 NE 4th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.