25444 Pacific Hwy S | Kent, WA 98032
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25444 Pacific Hwy S
Kent, WA 98032
Midway Shopping Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Fully leased retail center occupied by 7 tenants; one parcel to Petco & Sherwin-Williams, and the other 100% leased to five tenants
- Highly visible pad site of Fred Meyer, exposed to over 27k VPD.
- Just 1-mile directly south of brand new LINK Kent-Des-Moines light rail extension set to open in 2026, that will connect the immediate trade area
- Scheduled rent increases for the majority of tenants provides lift in income.
- High-density demographics with 223,741 residents within a 5-mile radius with average annual incomes of $116,663 within a 1-mile radius.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
21,659 SF
Building Class
B
Year Built
2008
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
1.74 AC
Zoning
GC
Parking
119 Spaces (5.49 Spaces per 1,000 SF Leased)
Frontage
107’ on Wa-99 Hwy
PROPERTY TAXES
| Parcel Number | 212204-9165 | Improvements Assessment | $3,099,400 |
| Land Assessment | $1,658,900 | Total Assessment | $4,758,300 |
PROPERTY TAXES
Parcel Number
212204-9165
Land Assessment
$1,658,900
Improvements Assessment
$3,099,400
Total Assessment
$4,758,300
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