Building Details

Stories 3

Tenancy Multi

Listing Agency: NWC-KV LLC Show Phone

Listed By: Max White Show Phone

Source: Moodyscre

Added: Mar 3 Changed: Sep 8 Last Checked: Sep 13 at 11:10AM

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Investment Insights

Based on property information with market context.

This three-story office building is currently 75% occupied by four tenants, offering a mix of in-place income and available space. The entire 1st floor and the majority of the 3rd floor are available to an owner-user beginning July 1, 2026.

The property is located blocks from Hwy-99, Hwy-509, and SeaTac Airport, providing convenient access for employees and visitors.

For an owner-user or buyer looking to control space, the available first-floor and large portion of the third floor provide flexibility while maintaining ongoing occupancy with existing tenants.

Key Highlights

• Three‑story office building blocks from Hwy‑99, Hwy‑509, and SeaTac Airport
• Currently 75% occupied by four tenants
• Entire 1st floor available for owner/user use starting July 1, 2026

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Nail Salon Electrical Service Gym & Fitness Center Furniture & Home Goods

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

75%

Occupancy

Multi-tenant

Tenancy

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

265

Businesses Nearby

Explore this area Business Placement

Demographics for 98148, WA

11,092

Population

4,382

Households

2.5

Avg Household Size

37

Median Age

28%

College-Educated

85%

High-School Grad

2.7 sq mi

ZIP Area

4,108

Density / Sq Mi

$86,994

Median Household Income

$45,101

Median Earnings

$1,837

Median Rent

$576,400

Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

Questions? Ask Rey

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What type of property is this? Where is this office buildings located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office building - Three-story office building with partial vacancies, including entire 1st floor and most of the 3rd floor for owner-user use starting July 1, 2026.

Where is this office building located?

The property is located at 1200 S 192nd St Seatac, WA.

What is the asking price?

The asking price for this property is $2,490,000.

What are key features of this property?

This property features: Three‑story office building blocks from Hwy‑99, Hwy‑509, and SeaTac Airport; Currently 75% occupied by four tenants; Entire 1st floor available for owner/user use starting July 1, 2026