1119 Southwest 7th Street, Renton, WA 98057
Office building in Blackriver Corporate Park with excellent regional access.
- Added:
- Sep 2, 2025
- Days on Market:
- 281
- Last Refresh:
- Apr 5 at 8:26 pm
Property Features for 1119 Southwest 7th Street
General Information
- Standard status
- Active
- Size
- 15,780 SF
- Lot size
- 7.31 Acres
- Property subtype
- OFFICE
Listing agent Doug Larson (206) 682-2500
Listing office Heartland, LLC (206) 682-2500
Listing date Sep 2, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Heartland, LLC
HighLights
- Opportunity for owner‑users to secure their own building.
- Located in the highly desirable Blackriver Corporate Park.
- Central Renton location with excellent regional access.
- Abundance of on‑site parking.
- Well‑maintained and professionally managed business park.
- Modern infrastructure.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $520.7k | $33.00 |
| − Vacancy | −$148.4k | −$9.41 |
| EGI | $372.3k | $23.60 |
| − OpEx | −$93.1k | −$5.90 |
| NOI | $279.2k | $17.70 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Renton
- County
- King
- State
- Washington
- Longitude
- -122.232
- Latitude
- 47.4733
