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Canyon Ridge Plaza 26015-26301 104th Ave SE Local commercial 8 074 m² 94 % Loué À vendre Kent, WA 98030 18 532 053 € (2 295,24 €/m²) Taux de capitalisation 7,25 %
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Résumé analytique
Ross Anchor Stabilized With a 10-Year Renewal: Ross Dress for Less (27,200 sq. ft., 31.3% of GLA) operated under a co-tenancy violation following Top Foods’ vacancy, paying substitute rent of 2% of gross sales. In February 2026, Ross executed a 10-year renewal at $15.50/SF with a 10% bump in Year 5, fixed CAM of $5.49/SF with 3% annual increases, and the co-tenancy condition removed. Base rent increases $155,600 annually, a 59% lift over the substitute rent rate.
Established Retail Node Within the Seattle-Tacoma-Bellevue MSA: Canyon Ridge Plaza has direct access to SR-515, SR-167, SR-516 and I-5. The 5-mile trade area encompasses 258,304 residents with an average household income of $128,688. Retail submarket vacancy stands at 4.5%. Primary employers in the trade area include Boeing, Amazon and the Port of Seattle. Adjacent Off-Price Cluster Adds Traffic Support: Harbor Freight, Burlington, and TJ Maxx have all opened in the former Top Foods space, joining Ross, Petco, and Old Navy to form a strong value retail corridor.
Numerous Recent Long-Term Commitments: In the past 18 months, five separate tenants have committed to new or extended long-term leases at Canyon Ridge:
• Ross (new 10-year lease at $15.50/SF)
• Skechers (new 10-year lease at $24/SF)
• Verizon Wireless (new 5-year lease at $24.32/SF)
• Petco (5-year extension)
• Domino’s Pizza (10-year renewal)
• Comcast/Xfinity (option exercise).
Two Pad Buildings With SR-515 Frontage Included in the Offering: The sale includes two pad buildings fronting SR-515, providing additional income potential and visibility along the primary corridor.
Two Vacant Inline Suites Offer Near-Term Upside: Two suites totaling 5,206 sq. ft. (6% of GLA) are currently vacant. Underwriting projects absorption by June 2027 at market rates, adding approximately $125,000 in annual NOI at stabilization.
Informations sur l’immeuble
Caractéristiques
- Property Manager sur place
- Restaurant
- Signalisation
Principaux occupants Cliquez ici pour accéder à
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- Loyer/m²
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Lorem Ipsum
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Petco began in 1965 as a mail-order veterinary supplies business and later became Petco in the late 1970s. The company now operates as a pet health and wellness business offering pet care products, grooming, positive dog training, veterinary services, vaccination clinics, and membership offerings through stores and digital channels. Petco's service mix extends beyond retail into broader wellness solutions, with products and services aimed at pets, pet parents, and routine care needs. Petco also founded Petco Love in 1999 to support animal welfare groups and adoption efforts.
| Occupant | Secteur d’activité | m² Occupés | Loyer/m² | Type de bail | Fin du bail | |
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Enseigne | - | - | Lorem Ipsum | Jan 0000 |
Disponibilité de l’espace
- Espace
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- Disponible
This 2,508 square foot retail space at Canyon Ridge Plaza is available for lease. Major tenants include Old Navy and Ross Dress for Less plus other small shops. Canyon Ridge Plaza has ample parking with 1,322 spaces and is located at 104th Ave. SE & SE 260th St. in Kent, Washington.
This 2,698 square foot retail space at Canyon Ridge Plaza is available for lease. Major tenants include Old Navy and Ross Dress for Less plus other small shops. Canyon Ridge Plaza has ample parking with 1,322 spaces and is located at 104th Ave. SE & SE 260th St. in Kent, Washington.
| Espace | Surface | Type de bien | Poste | Disponible |
| 1 | 233 m² | Local commercial | Contigu et aligné | Maintenant |
| 8 | 251 m² | Local commercial | Contigu et aligné | Maintenant |
1
| Surface |
| 233 m² |
| Type de bien |
| Local commercial |
| Poste |
| Contigu et aligné |
| Disponible |
| Maintenant |
8
| Surface |
| 251 m² |
| Type de bien |
| Local commercial |
| Poste |
| Contigu et aligné |
| Disponible |
| Maintenant |
1
| Surface | 233 m² |
| Type de bien | Local commercial |
| Poste | Contigu et aligné |
| Disponible | Maintenant |
This 2,508 square foot retail space at Canyon Ridge Plaza is available for lease. Major tenants include Old Navy and Ross Dress for Less plus other small shops. Canyon Ridge Plaza has ample parking with 1,322 spaces and is located at 104th Ave. SE & SE 260th St. in Kent, Washington.
8
| Surface | 251 m² |
| Type de bien | Local commercial |
| Poste | Contigu et aligné |
| Disponible | Maintenant |
This 2,698 square foot retail space at Canyon Ridge Plaza is available for lease. Major tenants include Old Navy and Ross Dress for Less plus other small shops. Canyon Ridge Plaza has ample parking with 1,322 spaces and is located at 104th Ave. SE & SE 260th St. in Kent, Washington.
Principaux commerces à proximité
Taxes foncières
| Numéro de parcelle | 292205-9017 | Évaluation des aménagements | 11 283 523 € |
| Évaluation du terrain | 4 472 928 € | Évaluation totale | 15 756 451 € |
Taxes foncières
Présenté par
Canyon Ridge Plaza | 26015-26301 104th Ave SE
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