FRED MEYER SHOPPING CENTER PAD

Freestanding retail pad for sale at South Lake Center, a Fred Meyer–anchored shopping center in Renton. The 3,960 SF building sits on 19,166 SF of land and fronts Rainier Avenue South, benefiting from excellent visibility and strong traffic counts of approximately 36,348 vehicles per day. The property offers a proforma 6.85% cap rate, ample surface parking (5.05/1,000 SF), and convenient access via major bus routes. Surrounded by dense residential neighborhoods with strong household incomes, this is a compelling opportunity for investors seeking a well-located retail asset in a proven commercial corridor.