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13215-24030 240th St SE
Kent, WA 98042 Outlying Issaquah

$7,945,000 USD

General Retail For Sale  •  24,577 SF

Property Details

• Property Type General Retail
• Total Building Size 24,621 SF
• Lot Size 2.22 AC
• Building Class B
• Year Built 1985
• Cap Rate 6.50 %
• Tenancy Multiple
• Zoning CC, Kent

30 Transit Score

50 Walk Score

Highlights

100% Occupied Retail Center w/ Diverse Tenant Mix

NNN Leases w/ Minimal Landlord Responsibilities

Attractive Annual Rent Increases

High-Traffic Signalized Hard Corner (43,200+ VPD)

Strategic Neighborhood Location

Strong Historical Occupancy

Property Flyers

OM Meridian Place - Kent, WA

Cap Rate:

6.50 %

Amenities

• Corner Lot
• Pylon Sign
• Signage

Public Transportation

Commuter Rail	Drive	Walk	Distance
	8 min	-	3.4 mi
	9 min	-	3.6 mi
Airport	Drive	Walk	Distance
Seattle-Tacoma International	27 min	-	14.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	106
Type:	Surface
Included in Rent:	Yes