16311 Smokey Point Blvd, Arlington, WA 98223
Industrial property in Marysville, WA with value-add opportunities.
- Added:
- Jan 1, 2025
- Days on Market:
- 551
- Last Refresh:
- Apr 5 at 8:22 pm
Property Features for 16311 Smokey Point Blvd
General Information
- Standard status
- Active
- Size
- 28,048 SF
- Lot size
- 4.40 Acres
- Property subtype
- INDUSTRIAL
Listing office Kidder Mathews (206) 296-9628
Listing date Jan 1, 2025
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 Kidder Mathews
HighLights
- 100% occupied, providing immediate cash flow.
- Significant value‑add potential through lease adjustments or re‑tenanting.
- Versatile industrial property suitable for various uses.
- Strategic location on Smokey Point Boulevard in Marysville, WA.
- ±4.31‑acre parcel with seven buildings.
- Ideal for owner‑user seeking to offset expenses with rental income.
Overview
Local Financial Insights For Industrial
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 | $420.7k | $15.00 |
| − Vacancy | −$31.6k | −$1.13 |
| EGI | $389.2k | $13.88 |
| − OpEx | −$116.7k | −$4.16 |
| NOI | $272.4k | $9.71 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Arlington
- County
- Snohomish
- State
- Washington
- Longitude
- -122.182
- Latitude
- 48.145
