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    Manufacturing Building Near Boeing Everett Title is generated by Realmo AI

    13008 Beverly Park Rd, Mukilteo, WA 98275

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    For Sale
    $5,950,000

    Well-maintained manufacturing building near Boeing Everett and Paine Field.

    Property size:
    25,100 SF
    Price / SF:
    $237/SF
    Added:
    Feb 19, 2025
    Days on Market:
    481
    Last Refresh:
    Mar 16 at 9:09 am

    Property Features for 13008 Beverly Park Rd

    General Information

    Standard status
    Active
    Size
    25,100 SF

    Building Details

    Year Built
    1996

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    Listing Contact
    BOB FREDRICKSON, CCIM
    BOB FREDRICKSON, CCIM

    Listing agent BOB FREDRICKSON, CCIM License #8077

    Listing office COLDWELL BANKER COMMERCIAL DANFORTH

    Listing date Feb 19, 2025

    Source Corcoran

    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 COLDWELL BANKER COMMERCIAL DANFORTH

    HighLights

    • Prime location near Boeing Everett, Paine Field, and the Aerospace Corridor.
    • Excellent condition and well‑maintained building.
    • Good access to surrounding freeways and highways.
    • Adequate street access and parking.
    • Two office levels serviced by a passenger elevator.
    • Built in 1996.

    Overview

    This well-maintained manufacturing building is located in close proximity to Boeing Everett and Paine Field within the Aerospace Corridor. The property benefits from good access to surrounding freeways and highways. It features adequate parking and street access. The building is in excellent condition. The two office levels are serviced by a passenger elevator. The property has a size of 25100 square feet.

    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 $686.7k $27.36
    − Vacancy −$90.6k −$3.61
    EGI $596.1k $23.75
    − OpEx −$149.0k −$5.94
    NOI $447.1k $17.81
    25,100 SF · lease $27.36/SF/yr · vacancy 13.20% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $6.39M
    $5.59M – $7.45M (±1% cap)
    NOI $447,065 @ 7.0% cap · market cap 7.51%
    Second Best
    Industrial
    $3.48M
    $3.05M – $4.06M (±1% cap)
    NOI $243,784 @ 7.0% cap · market cap 4.10%
    Theoretical Best
    Office A
    $7.00M
    $6.12M – $8.17M (±1% cap)
    NOI $489,997 @ 7.0% cap · market cap 8.24%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Orion Industries, Mukilteo ... Charitable Organization

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mukilteo
    County
    Snohomish
    State
    Washington
    Longitude
    -122.285
    Latitude
    47.8806

    FAQs

    What type of property is this?
    Manufacturing property - Well-maintained manufacturing building near Boeing Everett and Paine Field.
    Where is this manufacturing property located?
    The property is located at 13008 Beverly Park Rd Mukilteo, WA.
    What is the asking price?
    The asking price for this property is $5,950,000.
    What are key features of this property?
    This property features: Prime location near Boeing Everett, Paine Field, and the Aerospace Corridor.; Excellent condition and well‑maintained building.; Good access to surrounding freeways and highways.
    More about this property
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