1300 Bronson Way N, Renton, WA 98057
Retail, showroom, and warehouse with parking/yard storage for sale.
- Added:
- Aug 23, 2022
- Days on Market:
- 1390
- Last Refresh:
- Apr 5 at 8:15 pm
Property Features for 1300 Bronson Way N
General Information
- Standard status
- Active
- Size
- 32,788 SF
- Lot size
- 1.28 Acres
- Property subtype
- RETAIL
Listing agent Bojidar Gabrovski (847) 275-8474
Listing office ORION Commercial Partners, LLC (847) 275-8474
Listing date Aug 23, 2022
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 ORION Commercial Partners, LLC
HighLights
- High‑Traffic Location: Approximately 230 lineal feet fronting Bronson Way N with over 16,800 vehicles per day.
- Substantial Investment: Over $2.3 million recently spent on permits and repairs.
- Large Land Area: 64,861 SF (1.48 acres) of CA & R‑10 zoned land.
- Versatile Building Space: 32,788 GSF retail, showroom, warehouse space with ~5,770 SF additional mezzanine.
- Ample Parking/Storage: 23,113 SF of parking/yard storage.
- Redevelopment Potential: Potential to vacate alley for redevelopment.
Overview
Local Financial Insights For Retail
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 | $826.3k | $25.20 |
| − Vacancy | −$45.4k | −$1.39 |
| EGI | $780.8k | $23.81 |
| − OpEx | −$234.2k | −$7.14 |
| NOI | $546.6k | $16.67 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Iron Mountain Information Management — 1055 S Grady Way, Renton, WA 98057
Location Insight
- Map
- Local Demand
- City
- Renton
- County
- King
- State
- Washington
- Longitude
- -122.2
- Latitude
- 47.4847