Seattle · Commercial sale
CL Shoppes at Lake Meridian WA buys 13121 SE Kent Kangley Rd in Kent for $7.15 million
A retail building at 13121 SE Kent Kangley Rd, Kent sold for $7,150,000 on September 30, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $7,150,000
- Sold
- September 30, 2026
- Property type
- Retail building
- Lot size
- 27,287 sq ft
The $7,150,000 sale price was 3 times the property's $2,414,300 market value on record, according to the Assessor's records.
The Assessor's records show a 0.63-acre lot. The deed covers 2 parcels, and 13121 SE Kent Kangley Rd is the largest one we could identify.
The retail building at 13121 SE Kent Kangley Rd in Kent sold on September 30, 2026, according to the King County Department of Assessments' sales records. The record lists Park Row 3 LLC and Park Row 4 LLC as the seller and CL Shoppes at Lake Meridian WA LLC as the buyer.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in King County?
By our estimate, the seller's two largest charges, not counting prorations, were $183,575 for the state real estate excise tax (graduated) and $35,750 for the local real estate excise tax (0.50%). Who pays what follows King County custom.
How much did the seller net?
By our estimate, the seller netted about $6,898,780. That is before any broker commissions and any loan payoff.
How much cash did the buyer bring to closing?
A cash buyer would need about $7,134,785 at closing. That covers the full price and closing costs.
Source: King County Department of Assessments, real property sales, document 3397296. Property details: King County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.