Fred Meyer Shopping Center Pad

Located at 485 Rainier Avenue South in Renton, this freestanding retail pad is positioned within a Fred Meyer–anchored shopping center along one of the area’s most heavily traveled commercial corridors. The property offers outstanding visibility and frontage on Rainier Avenue South, which sees approximately 36,348 vehicles per day, and benefits from proximity to the signalized intersection of S Grady Way. The site is well-served by major bus routes and surrounded by dense residential neighborhoods with strong household incomes and a sizable customer base within a 1-, 3-, and 5-mile radius, making it a highly desirable location for retail investment in a proven trade area.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.