1915 Corgiat Dr, Seattle, WA 98108
35,869 SF industrial building with office space for sale.
- Added:
- Dec 6, 2025
- Days on Market:
- 211
- Last Refresh:
- Apr 5 at 8:17 pm
Property Features for 1915 Corgiat Dr
General Information
- Standard status
- Active
- Size
- 35,869 SF
- Lot size
- 1.20 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1963
Listing office NAI PUGET SOUND PROPERTIES (425) 586-5608
Listing date Dec 6, 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 NAI PUGET SOUND PROPERTIES
HighLights
- 35,869 SF Industrial Building in Georgetown Industrial Area
- Owner‑User Opportunity - Tenant Vacating 2/28/2026
- Features 7 Dock High Doors and 1 Grade Level Door
- Heavy 3‑Phase Power
- Includes 7,493 SF of Office Space
- Situated on a 1.20‑acre Site Across Two Tax Parcels
Overview
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 | $1.09M | $30.36 |
| − Vacancy | −$249.4k | −$6.95 |
| EGI | $839.6k | $23.41 |
| − OpEx | −$209.9k | −$5.85 |
| NOI | $629.7k | $17.56 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- PHENOL55 — 5840 Airport Wy S, Seattle, WA 98108
Location Insight
- Map
- Local Demand
- City
- Seattle
- County
- King
- State
- Washington
- Longitude
- -122.307
- Latitude
- 47.543
