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19893 1st Ave S
Normandy Park, WA 98148
 Normandy Park Towne Center | Building #2 · Retail Property For Sale

Retail Buildings Washington 19893 1st Ave S, Normandy Park, WA 98148

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INVESTMENT HIGHLIGHTS

  • 100% LEASED
  • SOLID DEMOGRAPHICS
  • EXCELLENT ACCESS
  • CONTRACTED RENTAL INCREASES
  • SUPERIOR CONSTRUCTION/CURB APPEAL

EXECUTIVE SUMMARY

100% LEASED | Tenants Include: Papa John’s, Olympic View Animal Hospital, Tobacco Studio & Vape, BK Nails & Spa, Desert Sun Tanning, T-Mobile
CONTRACTED RENTAL INCREASES
SOLID DEMOGRAPHICS
EXCELLENT ACCESS
SUPERIOR CONSTRUCTION/CURB APPEAL

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,886 SF
Building Class
B
Year Built
2007
Price
$6,712,390 CAD
Price Per SF
$616.61 CAD
Cap Rate
6%
NOI
$402,744 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.04
Lot Size
5.61 AC
Zoning
NS
Parking
32 Spaces (2.94 Spaces per 1,000 SF Leased)
Frontage
197’ on 1st Pl

AMENITIES

  • Bus Line

LINKS

PROPERTY TAXES

Parcel Number 611540-0142 Improvements Assessment $9,793,136 CAD
Land Assessment $3,353,177 CAD Total Assessment $13,146,313 CAD

PROPERTY TAXES

Parcel Number
611540-0142
Land Assessment
$3,353,177 CAD
Improvements Assessment
$9,793,136 CAD
Total Assessment
$13,146,313 CAD
 

  • Listing ID: 37793449

  • Date on Market: 2025-09-23

  • Last Updated:

  • Address: 19893 1st Ave S, Normandy Park, WA 98148

The Retail Property at 19893 1st Ave S, Normandy Park, WA 98148 is currently available for Sale. Contact Newmark for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

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