11427 - 11429 Rainier Ave S
Seattle WA 98178
11427 Rainier Avenue South
11427 - 11429 Rainier Ave S Seattle WA 98178
Listing #: 713755 | Status: Available | Last Modified: 7/9/2026 |
For Sale
- Phone:(425) 586-5608
- Email:ksterling@nai-psp.com
- Office Name:NAI Puget Sound Properties
- Office Phone:(253) 383-3100
- Office Website:
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 2,095,000.0
- $/SF$ 325.3
- $/Unit$ 261,875.0
- Listing StatusAvailable
- Days on Market36
- Asset ClassRetail, Multi-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 7.16 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units8
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Crane Count
- Crane Tonnage0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Second Road Front
- Grade Level Door Count
- Tennant Improvement Allowance
- Building StatusExisting
- # of Buildings1
- # of Floors2
- # of Units8
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF6440
- Net Rentable Area6440
- Total Office SF
- Largest Contiguous SF
- Lot SF5700
- Acres0.13
- Property TypeRetail
- Office TypeMulti-Tenant
- InvestmentYes
- Building Class
- CountyKing
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaTukwila
- Tax ID #0372000115
- Additional Parcels
- ZoningNB
- Year Built1946
- Year Renovated2020
- Completion Date
- Roof Type
- Construction TypeFramed, Wood
Fully Stabilized, Turnkey Asset 100% Occupancy Across All Seven Units — 4 Retail + 3 Apartment Units All Tenants Have Recently Signed New Leases or Renewed Brand New 5-Year NNN Lease on the Corner Restaurant Space Attractive Current Cap Rate of 7.16% Full Renovation in 2020 – Remodeled Every Unit, New Roof, HVAC, Lighting, Etc. 6,440 SF Building with Excellent Frontage along Rainier Ave South
Mixed-Use
