Contacts
Leibsohn & Company
Leibsohn & Company
Leibsohn & Company
Property Details
- Property Type Retail
- Property Size 3,960 SF
- Lot Size 0.44 Acre
- Year Built 1960
- Date Updated Dec 18, 2025
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.
Reach out to the broker for more info on lease terms and amenities
Attachments
Getting around
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90/100
Walk Score ®
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62/100
Transit Score ®
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63/100
Bike Score ®
Location
- City Renton, WA
- Neighborhood Valley
- Zip Code 98055
- Market Seattle
Points of Interest
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Uber Pickup Zone
2.43 miles
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Tukwila International Boulevard
3.49 miles
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Rainier Beach
4.34 miles
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N Gates
4.51 miles
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Capital Aeroporter Airport Shuttle
4.59 miles
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C Gates
4.62 miles
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A Gates
4.64 miles
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B Gates
4.78 miles
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S Gates
4.82 miles
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Kent
6.46 miles
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Blink
0.07 miles
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Fred Meyer Gas
0.09 miles
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Shell
0.19 miles
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Safeway
0.23 miles
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Chevron
0.27 miles
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Speedway Express
0.35 miles
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Arco
0.39 miles
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Volta
1.28 miles
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ChargePoint
1.60 miles
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Electrify America
1.62 miles
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Renton Fred Meyer Park & Ride
0.16 miles
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South Renton Park & Ride
0.31 miles
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City View Church Park & Ride
0.32 miles
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Bank of America
0.44 miles
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City Center Parking Garage
0.46 miles
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Service Linen Supply Parking
0.48 miles
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WIAA Parking
0.50 miles
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First Financial Northwest Bank Employee Parking
0.61 miles
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Lot E7
1.03 miles
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Lot S1
1.06 miles
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Subway
0.01 miles
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Jack in the Box
0.02 miles
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Jimmy John's
0.06 miles
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Chipotle
0.06 miles
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Organic Juice Bar and Gyros
0.09 miles
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La Rancherita Mexican Cuisine
0.09 miles
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Feast Buffet
0.09 miles
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Mazatlan Mexican Restaurant
0.13 miles
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Chick-fil-A
0.13 miles
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A&W/KFC
0.14 miles
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Fred Meyer
0.17 miles
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Safeway
0.27 miles
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Walmart Supercenter
0.38 miles
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DK Market
0.40 miles
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Uwajimaya
0.51 miles
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Marshalls
1.45 miles
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Ross
1.46 miles
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Target
1.56 miles
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Grocery Outlet
2.04 miles
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JCPenney
2.27 miles
485 Rainier Ave S Listing Brief
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A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.
The rent for retail space at 485 Rainier Ave S is available upon request. Feel free to reach out using the contact form conveniently included on this page to find out more about what the property can offer for your business.
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For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
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You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.
Knowing your ideal customer is essential. For your consideration, the average age of residents in Valley is 38. The average household income here is $68,552 per year.
