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Two-Story Office Building Available

19530 International Boulevard, Seatac, WA 98188

For Sale
Contact for pricing

Two-story office building with flexible spaces and ample parking.

Property Size12,100 SF
Price / SF$1.38
Days on Market425

Property Features for 19530 International Boulevard

General Information

Standard status Active
Size 12,100 SF
Class B
Property subtype Office
Lease Term NNN

Building Details

Building Size 12,100 SF
Year Built 1984

Properties For Sale

at 19530 International Boulevard Contact us

Suite 105

Size 1,309 SF
Type Office Building
Term Negotiable
Contact us

Suite 201

Size 1,091 SF
Type Office Building
Term Negotiable
Contact us
Listing Agency: Lee & Associates Commercial Real Estate Services
Listed By: John Brussa
Source: Lee-associates
Added: Sep 10, 2025 Changed: Aug 9 Last Checked: Aug 9 at 8:55PM

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 Lee & Associates Commercial Real Estate Services

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This two-story office building has the anchor tenant space available, including naming rights. The property provides flexibility during the lease term with numerous spaces. Ample parking is available. The location offers quick access to area highways and amenities, making it an accessible place to conduct business. The property size is 12 square feet.

Key Highlights

  • Anchor tenant space available with naming rights
  • Flexible lease term with numerous spaces
  • Ample parking

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$253
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,060 $5.1K
Cap Rate 7%
$3,614 $3.6K
Cap Rate 9%
$2,811 $2.8K
Market Conditions
NOI Build-Up for 12 SF
Gross rent
$432 $36.00/SF
− Vacancy
−$95 −$7.88/SF
EGI
$337 $28.12/SF
− OpEx
−$84 −$7.03/SF
NOI
$253 $21.09/SF
Area
King County, WA
Vacancy
21.90%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,060
Cap Rate 7%
$3,614
Cap Rate 9%
$2,811

Alternative Uses

Best Use
Office B
$3.6K
$3.2K – $4.2K (±1% cap)
NOI $253 @ 7.0% cap · market cap 1,533.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.8K
$4.2K – $5.6K (±1% cap)
NOI $336 @ 7.0% cap · market cap 2,036.36%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Pharmacy Auto Repair Shop

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

Location Intelligence

Trade Area within ½ mile

423
Businesses Nearby

Demographics for 98188, WA

27,851
Population
12,025
Households
2.3
Avg Household Size
37
Median Age
26%
College-Educated
88%
High-School Grad
8.1 sq mi
ZIP Area
3,438
Density / Sq Mi
$76,559
Median Household Income
$45,245
Median Earnings
$1,641
Median Rent
$452,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Office buildings in King County, WA

$479 Jul
$365 Aug
$399 Sep
$395 Oct

Properties on Market for Office buildings in King County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office building - Two-story office building with flexible spaces and ample parking.
Where is this office building located?
The property is located at 19530 International Boulevard Seatac, WA.
What are key features of this property?
This property features: Anchor tenant space available with naming rights; Flexible lease term with numerous spaces; Ample parking
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