415 RAINIER AVENUE N 3-Tenant Retail Property For Sale | Renton, Washington Listing Broker: Rich Cannon Direct: 206.436.2345 Mobile: 206.353.9575
[email protected] 415 Rainier Avenue N Property Aerial | 1 Lake Washintgon Southport (.9 miles) (2.4 miles) The Landing (2.2 miles) Renton Airport ( .1 miles) Subject Property Property Aerial Perspective 415 Rainier Avenue N Executive Summary | 2 SZD Executive Summary Offering Summary Address: 415 Rainier Avenue N Cannon Commercial is pleased to present an exciting opportunity to purchase a retail building located in Renton WA. This 12,800 sq. ft. building is located on a 30,600 sq. ft. lot. Renton, WA 98057 The CA (Commercial Arterial) zoned property offers great retail exposure and is a future mix Parcel #: 420240-1400 used redevelopment site. County: King The property is directly across the street from the Renton Airport and is centrally located Total Building Size: Approx. 12,800 SF (per KCR) approximately 11.9 miles south of downtown Seattle, 11.4 miles from Bellevue and 7.2 miles from Seatac Airport. I-405 and I-90 are easily accessible. Total Lot Size: Approx. 30,600 SF (per KCR) The property is being offered for $2,615,000. Zoning CA Frontage 230' # of Buildings 1 Year Built 1961 Eff. Year 1995 Construction Class Masonry Sprinklers No Financial Summary Price $2,615,000 Price PSF/Building $204.30 Price PSF/Land $85.46 Occupancy 100% NOI (Current) $169,918 Cap Rate (Current) .6.5% Demographics 1 Mile 3 Mile 5 Mile 2019 Population 15,957 103,102 253,881 2019 Median HH Income $67,757