321 Burnett Ave S, Renton, WA 98057
Well-equipped office unit featuring conference room, reception, and kitchenette.
- Added:
- Apr 24, 2025
- Days on Market:
- 438
- Last Refresh:
- Apr 5 at 8:24 pm
Property Features for 321 Burnett Ave S
General Information
- Standard status
- Active
- Size
- 3,881 SF
- Lot size
- 0.11 Acres
- Property subtype
- OFFICE
Properties For Sale
at 321 Burnett Ave S Contact usListing office Jones Lang LaSalle (425) 974-4086
Listing date Apr 24, 2025
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of Jones Lang LaSalle
HighLights
- Eight spacious offices provide ample workspace.
- Fully equipped conference room for all your meeting needs.
- Unit to be vacant upon closing of sale.
- Two private restrooms.
- Welcoming reception area.
- Kitchenette.
Overview
Local Financial Insights For Office B
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 | $128.1k | $33.00 |
| − Vacancy | −$36.5k | −$9.41 |
| EGI | $91.6k | $23.60 |
| − OpEx | −$22.9k | −$5.90 |
| NOI | $68.7k | $17.70 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Renton
- County
- King
- State
- Washington
- Longitude
- -122.209
- Latitude
- 47.479
