923 SW 152nd St, Burien, WA for sale

Investment Overview

NAI Puget Sound Properties is pleased to present 923 SW 152nd St, Burien, WA, a fully leased mixed-use retail asset located along Burien’s highly trafficked and sought-after 152nd Street corridor. The 3,812 SF building sits on a 4,702 SF parcel and is anchored by The Tin Room Bar & Theater, a beloved Burien community staple that has operated successfully in this location for over 20 years. The Tin Room occupies the primary retail space under a new 5-year, full triple-net lease, offering investors passive, management-light income backed by a proven, long-standing operator. The property also includes a secondary office tenant located in a mezzanine space above, providing additional income diversification. Featuring a full-service bar, dining room, commercial kitchen, outdoor patio seating, and a unique in-place movie theater/event venue, the property benefits from strong experiential retail fundamentals that are difficult to replicate.

Investment Highlights

• Fully Leased, Two-Tenant Commercial Building – 7% Cap Rate
• Anchored by The Tin Room Bar & Theater - An Iconic Local Landmark
• Located in Burien's Prime 152nd Street Corridor
• The Tin Room just Signed a New 5-year NNN Lease
• Extremely Rare Retail Asset – Includes a Bar/Restaurant, Theater, and Rooftop Office/Patio
• Price: $1,550,000