24034 104th Ave SE - Freestanding FOR SALE


Kent, WA 98030
$4,920,000 USD
206-926-9292
24034 104th Ave SE, Kent, WA for Sale
$4,920,000 USD
Freestanding - FOR SALE
1/11
null | 7% Cap Rate

24034 104th Ave SE
Kent, WA 98030


HIGHLIGHTS

  • Value Village has operated at this location for more than 20 years and recently exercised a three-year extension, securing its lease through Dec 28
  • Savers (NYSE: SVV) is the largest for-profit thrift retailer in North America, operating 351 locations across the United States, Canada and Australia.
  • The U.S. secondhand market is experiencing rapid expansion, valued at approximately $50 billion in 2024, a 30% increase from the prior year

OVERVIEW

Value Village is a single tenant net leased retail investment property located within the Old Orchard Shopping Center at 24034 104th Avenue SE in Kent, Washington. Built in 1977, the property comprises 28,700 rentable square feet on a 2.47-acre lot.

FOR SALE DETAILS

PRICE

$4,920,000 USD

PRICE/SF

$167 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

CC, Kent

APN/PARCEL ID

783080-0051

ASK ABOUT THIS PROPERTY

Mike KingKidder MathewsMore Info
206-926-9292

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Mike KingKidder MathewsMore Info
206-926-9292

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