Seattle · Commercial sale
L Mara buys 24050 Pacific Hwy S in Kent for $13.75 million
A retail building at 24050 Pacific Hwy S, Kent sold for $13,750,000 on October 14, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $13,750,000
- Sold
- October 14, 2026
- Property type
- Retail building
- Lot size
- 462,455 sq ft
The $13,750,000 sale was 15% below the recorded market value of $16,178,300, according to the Assessor’s records.
A retail building at 24050 Pacific Hwy S in Kent sold on October 14, 2026, according to the King County Department of Assessments' sales records.
The record lists Guardian Capital Management LLC as the seller and L Mara LLC and A John LLC as the buyers. The Assessor’s records show a 10.62-acre lot.
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 $381,575 for the state real estate excise tax (graduated) and $68,750 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 $13,235,522. 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 $13,715,066 at closing. That covers the full price and closing costs.
Source: King County Department of Assessments, real property sales, document 3399622. 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.
