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11521 Marginal Way Tukwila, WA 98168

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For Sale
$9,150,000

Flex industrial property with office space and warehouse components.

Property size:
31,363 SF

Property Features for 11521 Marginal Way

General Information

Standard status
Active
Size
31,363 SF

Building Details

Year built
1996

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Listing Contact
Thad Mallory, Sior
Source: Corcoran

Listing Agency: NEWMARK Listing Agent: Thad Mallory, Sior

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Tukwila Flex Industrial Property

This flex industrial property features a total building area of 31,363 square feet situated on a 91,608 square foot lot. Constructed in 1996, the property includes approximately 14,000 square feet of office space spread across two stories. The north office component comprises approximately 8,000 square feet, including a 3,000 square foot mezzanine, while the south office area offers approximately 6,000 square feet, also with a 3,000 square foot mezzanine. The warehouse area is equipped with six dock-high doors and two grade-level doors. The building provides a clear height of 24 feet. The roof and HVAC systems have been replaced within the last decade. Zoned as MIC/LL, the property is currently under lease with an expiration date of October 1, 2027. The current rent is $40,647.95 per month, NNN, with an increase to $41,878.67 scheduled for October 1, 2026. The lease expires on September 30, 2027.
Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Delightful Cuisine, TCG Catering & Events, Subtle Approach Catering, Savory Kitchen Catering, ktchen Mechanic

Location Insight

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  • Local Demand
City
Tukwila
County
King
State
Washington
Longitude
-122.2887894
Latitude
47.4997514

FAQs

What type of property is this?
Flex space - Flex industrial property with office space and warehouse components.
Where is this flex space located?
The property is located at 11521 Marginal Way Tukwila, WA.
What is the asking price?
The asking price for this property is $9,150,000.
What are key features of this property?
This property features: - Significant Income: Current NNN lease generates $40,647.95 per month, increasing to $41,878.67 on 10/1/26.; - Substantial Building Size: Total building area of 31,363 SF on a 91,608 SF lot.; - Ample Office Space: Approximately 14,000 SF of total office space across two stories.
More about this property
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