Listed by Jay Bennett, Kidder Mathews
- Commercial Industrial
- Type
- 1964
- Year built
- 19,441 sq ft
- Lot
- 33
- Days on market
About this property
Prime commercial real estate secured by a corporate-guaranteed 7-Eleven lease with 9.5 years of remaining firm term. Located at a high-visibility, high-traffic intersection at 9200 35th Ave SW, this hands-off NNN asset offers immediate, stable cash flow at an attractive 5.6% CAP rate. This property has been meticulously qualified for a smooth transaction: a No Further Action (NFA) letter is in hand from the Department of Ecology, the underground storage tanks are double-walled fiberglass, and the tenant has officially declined their Right of First Offer (ROFO). Perfect for 1031 exchange buyers seeking a passive, low-risk corporate tenant in a robust, high-demand Seattle submarket.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2537697
- Listed
- June 10, 2026
- Days on market
- 33
Construction
- Year built
- 1964
- Style
- 60 - Comm Bldg Und 10K
- Structure
- Unspecified
- Roof
- Flat
Lot
- Lot size
- 19,441 sq ft
Terms
- Terms offered
- CashConventional
Utilities
- Water
- Community
- Sewer
- Sewer Connected
What stands out to you?
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- Unspecified
- Flat
- Cash
- Conventional
- Community
- Sewer Connected
Listing history
Listed
$1,289,000
June 10, 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
$7,506
- Principal & interest
- $6,518
- Property tax (est.)
- $988
Assumes $257,800 down (20%), a $1,031,200 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 10:45 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.