Kent Industrial Building For
7036 - 7048 S 190th Street Kent, WA 98032
For Sale
$16,200,000
65,858 SF industrial building with freeway access in Kent.
Property Size65,858 SF
Price / SF$245.98
Days on Market251
Property Features for 7036 - 7048 S 190th Street
General Information
Standard status
Active
Size
65,858 SF
Property subtype
Industrial
Listing Agency:
(425) 246-9280
Listed By:
Arie Salomon, SIOR, CCIM
(425) 246-9280
Source:
Naiglobal
Added: Nov 21, 2025
Changed: Jul 6
Last Checked: Jul 30 at 4:16AM
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 Arie Salomon, SIOR, CCIM
Investment Insights
Based on property information with market context.
This 65,858 square foot industrial building is located in Kent, Washington. The property includes 44,602 square feet of warehouse space with 4,760 square feet of office space and a 2,090 square foot mezzanine office. The warehouse has a 24-foot clearance height and seven dock-high doors. A secured yard is located on the side of the building. Racking in the warehouse is available. Situated on a corner lot, the free-standing building offers convenient freeway access. A portion of the building, comprising 21,256 square feet, is currently under a long-term lease.
Key Highlights
- 65,858 SF Industrial Building with 4,760 SF Office
- Great freeway access
- Secured yard
Financial Insights For Warehouse
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 | $956.3k | $14.52 |
| − Vacancy | −$59.3k | −$0.90 |
| EGI | $897.0k | $13.62 |
| − OpEx | −$134.5k | −$2.04 |
| NOI | $762.4k | $11.58 |
65,858 SF · lease $14.52/SF/yr · vacancy 6.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$10.89M
$9.53M – $12.71M
NOI $762,425 @ 7.0% cap · market cap 4.71%
Second Best
Industrial
$8.97M
$7.85M – $10.46M
NOI $627,879 @ 7.0% cap · market cap 3.88%
Theoretical Best
Office A
$24.68M
$21.60M – $28.79M
NOI $1,727,612 @ 7.0% cap · market cap 10.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Prologis — 80th Ave S, Kent, WA 98032
- Lineage — 7269 S 188th St, Kent, WA 98032
- Lineage — 7911 S 188th St, Kent, WA 98032
- Big House Inc — 19411 66th Ave S, Kent, WA 98032
- Seattle Pallet Racking — 19305 72nd Ave S, Kent, WA 98032
Frequently Asked Questions
What type of property is this?
Warehouse - 65,858 SF industrial building with freeway access in Kent.
Where is this warehouse located?
The property is located at 7036 - 7048 S 190th Street Kent, WA.
What is the asking price?
The asking price for this property is $16,200,000.
What are key features of this property?
This property features: 65,858 SF Industrial Building with 4,760 SF Office; Great freeway access; Secured yard
