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Class A Industrial Building
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Contact for pricing

28009 Covington Way SE, Covington, WA

247,409 SF industrial building with excellent highway access.

Space Size247,409 SF
Lot Size20.47 Acres
Days on Market1541

Property Features for 28009 Covington Way SE

General Information

Standard status Active
Size 247,409 SF
Lot size 20.47 Acres
Property subtype INDUSTRIAL

Spaces For Lease

at 28009 Covington Way SE
Covington 18 AVAILABLE
Size 247,409 SF
Type INDUSTRIAL
Rate Contact for pricing
Lease Type NNN
Sublease No
CLASS A industrial building ±247,409 SF total with BTS office 36’ clear-height 41 dock-high doors 5 grade-level doors POWER 3,000 amps, 3-phase CAR parking 257 stalls 205 trailer stalls ESFR sprinklers ABILITY to secure site EXCELLENT ACCESS to Hwy 18/Kent Valley STRATEGICALLY located between Port of Seattle & Port of Tacoma
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Listing Agency: KBC Advisors WA.
Listed By: Matt Wood
Source: Moodyscre
Added: Aug 2, 2022 Changed: Oct 11 Last Checked: Oct 19 at 7:35AM

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 KBC Advisors WA.

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Investment Insights

Based on property information with market context.

This Class A industrial building offers approximately 247,409 square feet of total space with build-to-suit office options. The building features a 36-foot clear height, 41 dock-high doors, and 5 grade-level doors. It is equipped with 3,000 amps of 3-phase power and ESFR sprinklers. There are 255 car parking stalls and 200 trailer stalls available. The site offers the ability to be secured and provides excellent access to Highway 18 and the Kent Valley. The property is strategically located between the Port of Seattle and the Port of Tacoma.

Key Highlights

  • Strategically located between Port of Seattle & Port of Tacoma
  • Excellent access to Hwy 18/Kent Valley
  • ±247,409 SF total with BTS office

Property Analytics

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Current Use

Warehouses

Suggested Use

Top Pick Law Firm Electrical Service Parking Lot & Garage Big Box & Wholesale Store Furniture & Home Goods Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

581
Businesses Nearby
Well-served
Demand for This Use
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Similar Off Market Nearby

  • Shady Park Boat & RV Storage — 27918 152nd Ave SE, Kent, WA 98042
  • Virtual Box Storage Facility — 27631 Covington Way SE, Covington, WA 98042
  • Aall Self Storage — 27211 Covington Way SE, Covington, WA 98042
  • Extra Space Storage — 15610 SE 272nd St Bldg C, Kent, WA 98042
  • Covington Mini Storage — 16204 SE 272nd St, Covington, WA 98042

Frequently Asked Questions

What type of property is this?
Warehouse - 247,409 SF industrial building with excellent highway access.
Where is this warehouse located?
The property is located at 28009 Covington Way SE Covington, WA.
What are key features of this property?
This property features: Strategically located between Port of Seattle & Port of Tacoma; Excellent access to Hwy 18/Kent Valley; ±247,409 SF total with BTS office
(206) 595-6814 Call to check price and availability
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