Listed by Louis Voorhees, Westlake Associates, Inc.
- Commercial Industrial
- Type
- 1970
- Year built
- 18,600 sq ft
- Lot
- 102
- Days on market
About this property
The Terminal Building is a fully leased, multi-tenant commercial property situated in the heart of downtown Kent, Washington — one of the South Sound’s most dynamic and rapidly evolving urban centers. The building is leased to three distinct tenants across food & beverage, professional services, and retail commercial uses, providing a diversified and resilient income base under a triple-net lease structure. With strong near-term lease activity and a location proximate to Kent Station’s growing retail and entertainment ecosystem, the Terminal Building represents a compelling stabilized investment opportunity. Fully leased, 3-tenant NNN investment — 100% occupancy. Anchor Tenant: Masthi Bar & Grill — growing multi-location Indian bar & grill concept. DCE Zoning — Downtown Commercial Enterprise, supports broad commercial uses. 0.3 Miles to Kent Station — 470,000 SF mixed-use retail & entertainment hub. Adjacent to Sound Transit Sounder Rail — direct service to Seattle & Tacoma.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2502035
- Listed
- April 2, 2026
- Days on market
- 102
Parking
- Total spaces
- 18
Construction
- Year built
- 1970
- Style
- 75 - Retail
- Structure
- Retail
Heating & cooling
- Heating
- Forced Air
- Cooling
- Central Air
- Energy source
- Electric
Lot
- Lot size
- 18,600 sq ft
Terms
- Terms offered
- CashConventional
Utilities
- Water
- Public
- Sewer
- Sewer Connected
What stands out to you?
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- Retail
- Forced Air
- Central Air
- Electric
- Cash
- Conventional
- Public
- Sewer Connected
Listing history
Listed
$3,400,000
April 2, 2026
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$19,799
- Principal & interest
- $17,192
- Property tax (est.)
- $2,607
Assumes $680,000 down (20%), a $2,720,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
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Based on information submitted to the MLS GRID as of July 13, 2026 at 11:01 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.