The Terminal Building is a fully leased, multi-tenant commercial property situated in the heart of downtown Kent, Washington — one of the South Sound’s most dynamic and rapidly evolving urban centers. The building is leased to three distinct tenants across food & beverage, professional services, and retail commercial uses, providing… Read More a diversified and resilient income base under a triple-net lease structure. With strong near-term lease activity and a location proximate to Kent Station’s growing retail and entertainment ecosystem, the Terminal Building represents a compelling stabilized investment opportunity. Fully leased, 3-tenant NNN investment — 100% occupancy. Anchor Tenant: Masthi Bar & Grill — growing multi-location Indian bar & grill concept. DCE Zoning — Downtown Commercial Enterprise, supports broad commercial uses. 0.3 Miles to Kent Station — 470,000 SF mixed-use retail & entertainment hub. Adjacent to Sound Transit Sounder Rail — direct service to Seattle & Tacoma. Read Less
Listing courtesy of Westlake Associates, Inc.
Listing Snapshot
Cumulative Days On Market
58
Days on Website
57
Last Updated
Property Type
Retail
Lot Size
0.43 Acres
Year Built
1970
MLS Number
2502035
30 Days Snapshot Of 98032
$630k
+4%
(avg) sold price
16
-30%
homes sold
82
-22%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 0, Building Area Units: Square Feet, Calculated Square Footage: 0, Elevation Units: Feet, Living Area: 0, Number Of Units Total: 3, Structure Type: "Retail", Year Built: 1970
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listings last updated on ,
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