Kent Hill Plaza

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25618 104th Ave SE, Kent , WA 98030
Kent Hill Plaza
The Offering provides the opportunity to acquire Kent Hill Plaza (“The Property”), an 80% occupied, 143K SF grocery-anchored shopping center located in Kent, Washington. The Property is anchored by Saar’s Super Saver Foods a privately owned regional grocer operating on a long term ground lease. Other tenants include JoAnn Fabrics and Kaiser Permanente as well as a dynamic mix of other local and national tenants. Current vacancies and below-market rents provide an investor the opportunity for upside with a going in cap rate of 6.80%. The Property is located adjacent to Home Depot near Canyon Ridge, a Target-anchored and institutionally owned retail center. The Offering is comprised of two parcels – a separately parceled Kaiser Permanente and a second parcel with over 12.66 acres.
Sean Tufts
Managing Partner (Commercial)
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