19628 144th Ave NE Woodinville, WA 98072
19,340 SF multi-tenant industrial park in Woodinville, WA.
Property Features for 19628 144th Ave NE
General Information
- Standard status
- Active
- Size
- 19,340 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1986
Listing office NORTHMARQ COMMERCIAL, LLC
Listing date Apr 6, 2026
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 NORTHMARQ COMMERCIAL, LLC
Investment Insights
Based on property information with market context.
Key Highlights
- High‑demand Woodinville market location.
- Multi‑tenant industrial business park with immediate cash flow.
- Value‑add opportunity through lease‑up of vacant suite (5,312 SF).
Local Financial Insights For Flex RnD
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 | $532.6k | $27.54 |
| − Vacancy | −$105.5k | −$5.45 |
| EGI | $427.2k | $22.09 |
| − OpEx | −$149.5k | −$7.73 |
| NOI | $277.7k | $14.36 |
