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Tukwila Anchored Retail

402 Strander Blvd has sold for $10,300,000. The buyer is the existing tenant, JR Furniture. The property sold at $236/ft at just over a 5.25 cap rate on $74,000/ft of TUC-TOD land. Ray West of Westlake Associates, Inc.  represented the sellers, a group of local investors.

Address

402 Strander Blvd
Tukwila, WA 98188

Type

Retail

Status

Sold

Price

$ 10,300,000

Cap Rate

5.25%

Available SF

43,504 SF

Price Per SF

$ 236

Land Area

74.496 SF

Year Built

1967

Broker contact information