Renton Highlands Shopping Center presents a Safeway shadow-anchored center with successful national anchor tenants, strong cash flow, and immediate leasing upside in a high-income trade area of the Puget Sound Region.
• Shadow-anchored by a top-performing Safeway
• 5-year WALT
• 11+ years remaining on The Goddard School lease
• DaVita exercised a 5-year lease extension in 2025
• Petco exercised a 5-year lease extension in 2024
• Break-up opportunity
• 82% leased, providing leasing upside
• $152K average household incomes and 104K residents within a 3-mile radius
• 9 miles to Downtown Bellevue and 16 miles to Downtown Seattle
DIVERSE TENANT ROSTER AND STABLE INCOME STREAM
SHADOW-ANCHORED BY TOP-PERFORMING SAFEWAY
QUALITY SITE LAYOUT & ACCESSIBILITY
FUTURE BREAK-UP OPPORTUNITY