Normandy Park Towne Center Retail FOR SALE


Normandy Park, WA
$26,175,594 USD
206-518-9567
, Normandy Park, WA for Sale
$26,175,594 USD
Retail - FOR SALE
1/12
null | 6.65% Cap Rate

Normandy Park Towne Center
Normandy Park, WA


OVERVIEW

Normandy Park Towne Center offers investors a rare opportunity to acquire a 100% leased, grocery-anchored neighborhood shopping center in the high-income, affluent suburb of Normandy Park, WA, just south of Seattle. The center is anchored by Grocery Outlet on a new 10-year lease, providing a stable and reliable income stream. The three largest tenants, accounting for approximately 48% of total rental income, have recently expanded their footprints and executed long-term lease extensions, demonstrating strong tenant commitment. The offering features high-quality construction, excellent access and visibility, strong NOI growth potential, and a stable, diversified tenant roster, making it a compelling investment in a thriving, supply-constrained market. The center is comprised of 5 buildings and tax parcels and is being offered together or individually.

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Billy SleethNewmarkMore Info
206-518-9567

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Billy SleethNewmarkMore Info
206-518-9567

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