3251 183rd St

About this property

The property is being offered as a value-add neighborhood strip center with in-place rents below current market levels and a strong owner-user component. The center contains approximately 5,023 SF on a 20,323 SF lot and is positioned along a highly visible, high-traffic main roadway. The asset is in solid physical condition, with a new roof completed in 2019 and a recently resurfaced parking lot, limiting near-term capital requirements for a new owner. The offering presents clear upside through future rent growth, tenant repositioning and potential owner occupancy, making it an attractive opportunity for both investors and owner-users seeking a well-located retail property with built-in value enhancement.