Property Listings

Fairwood Commerce Center

14300 SE Petrovitsky Road, Renton, WA 98058

Kidder Mathews is pleased to present for the first time ever the opportunity to acquire the Fairwood Commerce Center, a 100% occupied center featuring a balanced mix of long-standing retail and dental tenants. Located on a signalized hard corner the property enjoys exceptional visibility and consistent traffic flow. Directly across the street is the Fairwood Shopping Center, anchored by Safeway, the only grocer serving the immediate area. All tenants operate on NNN leases with regular rent increases allowing future ownership to receive a stable, growing income stream. Current ownership has had zero actual vacancy for the last 30+ years.

  • First time on the market since originally constructed in 1979
  • The center has been extremely well-maintained, including a newer roof, exterior paint, seal coating, landscaping, and heating and air conditioning
  • 100% occupied with long-term tenants, and half the rentable square footage is leased to dental tenants
  • All tenants operate on NNN leases, allowing for full reimbursement of operating expenses
  • Signalized hard corner location directly across street from the Fairwood Shopping Center, anchored by Safeway and 24 Hour Fitness
  • Renton is the 8th largest city in WA State and boasts average household income of $153K+

Seller Testimonial:

“

We could not be happier with the Gellner Team’s dedication and service with helping us sell the property. Throughout the sales process David and the Gellner Team were extremely responsive and detail oriented. Their dedication and personal touch made all the difference. I wholeheartedly recommend the Gellner Team for anyone looking for a seamless and successful real estate transaction.

Eric Solly