Manufacturing Building Near Boeing
13008 Beverly Park Rd Mukilteo, WA 98275
For Sale
$5,950,000
Well-maintained manufacturing building near Boeing Everett and Paine Field.
Property Size25,100 SF
Price / SF$237.05
Days on Market526
Property Features for 13008 Beverly Park Rd
General Information
Standard status
Active
Size
25,100 SF
Building Details
Year Built
1996
Listing Agency:
COLDWELL BANKER COMMERCIAL DANFORTH
(206) 212-2216
Listed By:
BOB FREDRICKSON, CCIM · License #8077
Source:
Corcoran
Added: Feb 19, 2025
Changed: Mar 16
Last Checked: Jul 23 at 9:33AM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
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
NOI $447,065 @ 7.0% cap · market cap 7.51%
Second Best
Industrial
$3.48M
$3.05M – $4.06M
NOI $243,784 @ 7.0% cap · market cap 4.10%
Theoretical Best
Office A
$7.00M
$6.12M – $8.17M
NOI $489,997 @ 7.0% cap · market cap 8.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
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.
