Warehouse with Operational Paint
17000 West Valley Highway Tukwila, WA 98188
17000 West Valley Highway, Tukwila, WA, 98188
$3,100,000
For Sale
$3,100,000
Warehouse with grade level door, fenced secure site, and operational paint booth plus office/showroom space.
Property Size9,800 SF
Price / SF$316.33
Days on Market36
Property Features for 17000 West Valley Highway
General Information
- Standard status
- Active
- Size
- 9,800 SF
- Property subtype
- Industrial
Listing agency
NAI Puget Sound Properties
(425) 586-5610
Listed by
Jeff Forsberg, CCIM
Source
Naiglobal
Added: Jun 17 Updated: Jul 21 at 4:27PM Checked: Jul 22 at 4:45AM
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.
For sale warehouse facility with approximately 9,800 square feet of warehouse space and about 1,200 square feet of office/showroom area. The building includes a grade level door and approximately 16’ clearance. A permitted paint booth is installed and operational.
The site is fenced and secured and offers exposure off W. Valley Hwy, with immediate freeway access available. The property is ready now.
This layout supports a mix of production and customer-facing presentation through the combined warehouse and office/showroom configuration, with the paint booth providing an on-site, operational capability.
The site is fenced and secured and offers exposure off W. Valley Hwy, with immediate freeway access available. The property is ready now.
This layout supports a mix of production and customer-facing presentation through the combined warehouse and office/showroom configuration, with the paint booth providing an on-site, operational capability.
Key Highlights
- 9,800 SF warehouse with 1,200 SF office/showroom space
- 1 grade level door and 16’ clearance with paint booth installed and operational
- Fenced and secured site
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 | $352.8k | $36.00 |
| − Vacancy | −$77.3k | −$7.88 |
| EGI | $275.5k | $28.12 |
| − OpEx | −$68.9k | −$7.03 |
| NOI | $206.7k | $21.09 |
9,800 SF · lease $36.00/SF/yr · vacancy 21.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.95M
$2.58M – $3.44M
NOI $206,653 @ 7.0% cap · market cap 6.67%
Second Best
Retail
$2.50M
$2.19M – $2.92M
NOI $175,309 @ 7.0% cap · market cap 5.66%
Theoretical Best
Office A
$3.93M
$3.43M – $4.58M
NOI $274,761 @ 7.0% cap · market cap 8.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Warehouse - Warehouse with grade level door, fenced secure site, and operational paint booth plus office/showroom space.
Where is this warehouse located?
The property is located at 17000 West Valley Highway Tukwila, WA.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: 9,800 SF warehouse with 1,200 SF office/showroom space; 1 grade level door and 16’ clearance with paint booth installed and operational; Fenced and secured site
