Sumner Warehouse/Manufacturing Facility For
1607 136th Avenue E Sumner, WA 98390
1607 136th Avenue E, Sumner, WA, 98390
$38,200,000
For Sale
$38,200,000
159,250 SF warehouse/manufacturing facility with convenient access to SR-167.
Property Size159,250 SF
Lot Size6.93 Acres
Price / SF$239.87
Days on Market138
Property Features for 1607 136th Avenue E
General Information
- Standard status
- Active
- Size
- 159,250 SF
- Lot size
- 6.93 Acres
- Property subtype
- Industrial
Listing agency
NAI PUGET SOUND PROPERTIES
(425) 586-5610
Listed by
Jeff Forsberg, CCIM
Source
Nai-psp
Added: Mar 6 Updated: Jul 6 at 10:40AM Checked: Jul 22 at 5:02AM
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 NAI PUGET SOUND PROPERTIES
Investment Insights
Based on property information with market context.
This 159,250 square foot warehouse and manufacturing facility, constructed in 2015, is available for sale in Sumner, Washington. The property includes 3,370 square feet of office space and is situated on a 6.93-acre lot. It features 23 dock-high doors and 2 grade-level doors for loading. The building is equipped with an ESFR sprinkler system and offers a clear height of 30 feet. It has heavy power capabilities with 1,600 amps, 480-v, 3-phase. There are 91 parking stalls available. The property is zoned M-1, Light Industrial, and provides convenient access to SR-167.
Key Highlights
- Excellent freeway access to SR‑167
- 159,250 SF total warehouse/manufacturing space
- Heavy Power: 1,600 amps, 480‑v, 3‑phase
Local Financial Insights For Warehouse
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 | $2.48M | $15.60 |
| − Vacancy | −$196.3k | −$1.23 |
| EGI | $2.29M | $14.37 |
| − OpEx | −$343.2k | −$2.16 |
| NOI | $1.94M | $12.21 |
159,250 SF · lease $15.60/SF/yr · vacancy 7.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$27.78M
$24.31M – $32.41M
NOI $1,944,834 @ 7.0% cap · market cap 5.09%
Second Best
Industrial
$22.88M
$20.02M – $26.69M
NOI $1,601,628 @ 7.0% cap · market cap 4.19%
Theoretical Best
Office A
$43.01M
$37.64M – $50.18M
NOI $3,010,819 @ 7.0% cap · market cap 7.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Design Imports
Warehouse & Storage
European Soaps Warehouse
Corporate Office
Similar For Sale Nearby
FAQs
What type of property is this?
Manufacturing property - 159,250 SF warehouse/manufacturing facility with convenient access to SR-167.
Where is this manufacturing property located?
The property is located at 1607 136th Avenue E Sumner, WA.
What is the asking price?
The asking price for this property is $38,200,000.
What are key features of this property?
This property features: Excellent freeway access to SR‑167; **159,250 SF total warehouse/manufacturing space**; Heavy Power: 1,600 amps, 480‑v, 3‑phase
