2116 SW 152nd St - Specialty FOR SALE


Burien, WA 98166- Seahurst
$685,000 USD
425-586-5608
2116 SW 152nd St, Burien, WA for Sale
$685,000 USD
Specialty - FOR SALE
1/6
null | 5.99% Cap Rate

2116 SW 152nd St
Burien, WA 98166
Seahurst


HIGHLIGHTS

  • Low Management, Coupon Clipper Investment
  • 100% Leased to Two Tenants
  • USPS Credit Tenant Anchor - 5-Years Remaining on USPS Lease
  • Rare, Affluent Seahurst Retail Location
  • Close Proximity to Downtown Burien Core (1/2 Mile)
  • Ample Street Parking, Private Parking in Rear

OVERVIEW

NAI Puget Sound Properties is pleased to present 2116 SW 152nd St, Burien, WA, a fully leased 1,600 SF standalone retail building in an established commercial corridor of Seahurst. The property is anchored by the United States Postal Service (USPS), occupying 1,092 SF with five years remaining on their lease, alongside a stable local service tenant, Rosemary’s Counseling, which occupies 508 SF. With its affluent Burien location, ample street parking in the front, and private onsite parking in the rear, this property represents a true “coupon clipper” investment, offering reliable cash flow from a nationally recognized credit tenant paired with a complementary service provider. CAP Rate: 6% Sales Price: $685,000

FOR SALE DETAILS

PRICE

$685,000 USD

PRICE/SF

$428 USD /SF

CAP RATE

5.99%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Seahurst USPS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,255 SF

ZONING

MU-1

APN/PARCEL ID

763580-0933

ASK ABOUT THIS PROPERTY

Kyle SterlingNAI Puget Sound PropertiesMore Info
425-586-5608

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Kyle SterlingNAI Puget Sound PropertiesMore Info
425-586-5608

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.