Fred Meyer Shopping Center Pad

Investment Overview

Freestanding 3,960 SF retail pad for sale within a Fred Meyer–anchored shopping center in Renton, WA. The property offers excellent visibility and frontage on Rainier Avenue South (36,348 AADT), strong parking, and transit access, supported by dense surrounding demographics and strong household incomes. Offered at a 6.85% proforma cap rate, this is a compelling opportunity to acquire a high-exposure retail asset in an established trade area.

Investment Highlights

• Freestanding 3,960 SF retail pad on 19,166 SF of land
• Located within a Fred Meyer–anchored shopping center
• Excellent frontage on Rainier Avenue S with 36,348 AADT
• Strong parking ratio of 5.05 per 1,000 SF (20 surface spaces)
• Offered at a 6.85% proforma cap rate