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INVESTMENT HIGHLIGHTS
- The center features a diverse lineup of local and regional service based tenants that consistently drive foot traffic and customer loyalty.
- Positioned along a major arterial with 114,000+ vehicles per day, offering exceptional visibility and access.
- Ideally positioned in the heart of Kent’s retail corridor, the property offers excellent regional connectivity and convenience.
- The property is supported by a dense and affluent customer base, with over 102,000 residents within a 3-mile radius and more than 279,000 residents.
- Kent, WA continues to experience steady economic and population growth, positioning it as one of the region’s most attractive suburban markets.
- The property currently has one available vacancy, offering investors an immediate opportunity to increase income through lease-up.
EXECUTIVE SUMMARY
Sands Investment Group is pleased to exclusively offer for sale the 19,692 SF Crossgate Center located at 130 Washington Avenue North in Kent, WA. This two-building shopping center is strategically positioned along the primary retail thoroughfare, offering superior visibility and accessibility from three major roadways. The property benefits from high traffic counts, multiple ingress and egress points, and strong surrounding demographics, making it an ideal location for both national and local tenants. The center features a well-balanced mix of retail, restaurant, and service-oriented tenants, generating consistent consumer traffic and long-term stability. Its central location, established tenancy, and exceptional frontage provide investors with an opportunity to acquire a high-performing retail asset in a proven trade corridor.
BoR: Marianne Christian - Lic. WA #12244
BoR: Marianne Christian - Lic. WA #12244
PROPERTY FACTS
| Price | $6,315,000 | Number of Properties | 2 |
| Price / SF | $318.94 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 19,800 SF |
| Status | Active | Total Land Area | 1.60 AC |
| Price | $6,315,000 |
| Price / SF | $318.94 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 19,800 SF |
| Total Land Area | 1.60 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 130-146 Washington Ave N, Kent, WA 98032 | Retail | 10,800 SF | 1987 | - |
| 108-130 Washington Ave N, Kent, WA 98032 | Retail | 9,000 SF | 1987 | - |
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