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Class-Ready Office Building
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12401 E Marginal Way S, Tukwila, WA 98168

Office building with well-appointed reception areas, elevator lobbies, and ample free parking.

Property Size19,289 SF
Days on Market849

Property Features for 12401 E Marginal Way S

General Information

Standard status Active
Size 19,289 SF
Property subtype OFFICE

Additional Details

Clear Height 10 ft

Amenities

reception area
elevator lobbies
cafeteria
dining room
Listing Agency: Newmark
Listed By: Thad Mallory, SIOR · License #26433
Source: Moodyscre
Added: Apr 3, 2024 Changed: Jul 26 Last Checked: Jul 29 at 12:46PM

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 Newmark

Investment Insights

Based on property information with market context.

This for-rent office building offers well-appointed reception areas and elevator lobbies, supported by three stairwells and one passenger elevator. Interior features include a spacious cafeteria and dining room, with floor-to-ceiling heights of 10 feet.

The building is designed with generous column spacing of 31 feet by 30 feet, along with large floor plates to support flexible layout planning. Ample free parking and great accessibility are available for tenants and visitors.

The property is described as multiple office buildings, each with 83,414 square feet rentable. Low operating costs are also noted as a benefit for occupancy.

Key Highlights

  • Each building offers 83,414 SF rentable office space
  • Well‑appointed reception areas and elevator lobbies
  • Passenger elevator plus three stairwells for multiple egress routes

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Law Firm Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10 ft
Clear height
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

515
Businesses Nearby

Demographics for 98168, WA

36,389
Population
13,338
Households
2.7
Avg Household Size
37
Median Age
24%
College-Educated
79%
High-School Grad
8.8 sq mi
ZIP Area
4,135
Density / Sq Mi
$84,937
Median Household Income
$44,630
Median Earnings
$1,724
Median Rent
$500,600
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Office building with well-appointed reception areas, elevator lobbies, and ample free parking.
Where is this office building located?
The property is located at 12401 E Marginal Way S Tukwila, WA.
What are key features of this property?
This property features: Each building offers 83,414 SF rentable office space; Well‑appointed reception areas and elevator lobbies; Passenger elevator plus three stairwells for multiple egress routes
(425) 362-1410 Call to check price and availability
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