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For Sale

FORMER FRED MEYER | KENT WASHINGTON

10201 SE 240th St, Kent, WA 98031

Located in Kent’s East Hill neighborhood, this high-visibility property sits at the signalized intersection of SE 240th Street and 104th Avenue SE—one of the city’s most active commercial corridors. The site benefits from strong surrounding demographics, excellent traffic counts exceeding 26,000 vehicles per day, and proximity to major arterials connecting to downtown Kent, Highway 167, and the greater Seattle metro. Retail, dining, and community amenities are all within minutes, making this an exceptional location for redevelopment or repositioning within one of the Puget Sound region’s fastest-growing trade areas.Leibsohn & Company and CBRE are pleased to present the former Fred Meyer in Kent, Washington — a prime 12.77-acre redevelopment opportunity positioned in the heart of Kent’s East Hill neighborhood. The property features a 167,146 SF former retail building with an 8,080 SF garden center and over 630 surface parking stalls. Zoned Community Commercial (CC), the site offers exceptional flexibility for a wide range of commercial, mixed-use, or multi-tenant redevelopment projects. With prominent frontage along SE 240th Street and 104th Avenue SE, the property provides outstanding visibility and accessibility in a dense and growing suburban market. Surrounded by established residential neighborhoods and strong retail co-tenancy, this site is ideally suited for investors and developers seeking a high-profile asset in the dynamic South King County trade area.

Key features

  • 12.77-acre high-visibility site located on SE 240th Street
  • 167,146 SF existing building with flexible reuse potential
  • 694 surface parking stalls
  • Surrounded by established residential neighborhoods and strong retail co-tenancy
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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Contacts

broker
Royce Cottle

Leibsohn & Company

Building Details

  • For Sale Contact Listing Brokers
  • Property Type Retail - Street Retail
  • Property Size 167,146 SF
  • Units 1
  • Lot Size 12.77 Acre
  • Building Class C
  • Year Built 1988
  • Date Updated May 25, 2026

Attachments

  • Property Brochure 1 ()opens in new window

Getting Around

  • Walk Score ®

    Very Walkable (76)
  • Transit Score ®

    Some Transit (39)
  • Bike Score ®

    Somewhat Bikeable (48)
Powered by Walk Score ®

Location

  • City Kent, WA
  • Neighborhood Canterbury
  • Zip Code 98031
  • Market Seattle

Points of Interest

Uber Pickup Zone

5.54 miles

S Gates

5.83 miles

A Gates

5.88 miles

B Gates

5.96 miles

Capital Aeroporter Airport Shuttle

5.98 miles

C Gates

6.18 miles

N Gates

6.26 miles

Tukwila International Boulevard

6.62 miles

Fred Meyer Fuel Center

0.06 miles

Kangaroo Express

0.13 miles

Shell

0.15 miles

Chevron

0.36 miles

Arco

0.89 miles

76

0.98 miles

ChargePoint

1.33 miles

Electrify America

1.46 miles

SemaCharge

2.71 miles

MultiCare Employee Parking

1.11 miles

Kent Covenant Church Park & Ride

1.15 miles

Kent Station Park & Ride

1.25 miles

East Hill Friends Church Park & Ride

1.26 miles

Kent Station Parking

1.35 miles

City of Kent Parking: 24 Hour

1.43 miles

City of Kent Government Employee Parking

1.49 miles

Ernie's 24 Hour Parking Lot

1.56 miles

Kent/James Street Park & Ride

1.76 miles

Taste of Europe

0.20 miles

Asian Planet Food Market

0.21 miles

C&G Halal Market

0.22 miles

Soltero's Market

0.22 miles

Grocery Outlet

0.24 miles

Al Hamdani Grocery And Sweets

0.28 miles

Save-U-More

0.30 miles

TJ Maxx

0.86 miles

Apna Frooticana

0.91 miles

10201 SE 240th St Listing Summary

  • What is the asking price at FORMER FRED MEYER | KENT WASHINGTON?

    The asking price for FORMER FRED MEYER | KENT WASHINGTON is currently available on demand. Contact the listing broker for details.

  • What is the total size of FORMER FRED MEYER | KENT WASHINGTON?

    FORMER FRED MEYER | KENT WASHINGTON has a total of 167,146 square feet.

  • What is the year built for FORMER FRED MEYER | KENT WASHINGTON?

    The year built for FORMER FRED MEYER | KENT WASHINGTON is 1988.

Contact Listing Broker
broker
Royce Cottle

Leibsohn & Company

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