View Map All Properties • Page 1 of 1 View All Sort by Price Sort Alphabetical
« Back

4th Street Plaza

Main image

4th Street Plaza

3904 NE 4th St, Renton, WA 98056
Retail For Sale Available Built 2003 1 floors Zoning: CA
Asking Price
$3,300,000
Total Building7,141 SF
Land30,928 SF land
Parking Total35
& Uncov.
ConstructionConcrete,Framed,Glass
MarketRenton
CountyKing

Read Overview
Contact the Muljat Team about this listing.

Overview

Property ID
103548
Listing ID
705051
Type
Retail
Asset Class
Retail
Zoning
CA

Description

We are pleased to present the opportunity to acquire 4th Street Plaza, a fully leased, multi-tenant retail strip center located along NE 4th Street in Renton, Washington. All 5 tenants operate under NNN lease structures, limiting landlord obligations and offering a hedge against inflation through scheduled annual increases. Excellent signage and visibility to over 30,500 vehicles per day support the property’s strong historical occupancy, with over 80% of the GLA having occupied the property for more than 10 years. A new tenant just executed a 5 year lease, at a 25% increase over the previous tenant’s rent, and multiple other tenants are the property recently extended their leases or are in the process of doing so, demonstrating strong demand and commitment. Staggered lease expirations cre

Listing Courtesy of:

CB
Clayton Brown
Marcus & Millichap, Inc.
401 Union Street, 32nd fl,
Seattle, WA 98101
State: WA City: Renton ZIP: 98056 Type: For Sale

Commercial Listings
Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.