Building Details

Building Size 395,094 SF

Year Built 2023

Buildings 1

Listing Agency: Kidder Mathews - Tacoma

Listed By: Ty Clarke · License #116936 Show Phone

Source: Kidder

Added: May 8 Changed: Sep 4 Last Checked: Jul 7 at 11:53PM

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Investment Insights

Based on property information with market context.

This industrial property offers 1,110,154 square feet of space and is available now. It features concrete tilt construction with a reinforced slab and three-phase power. The building includes ESFR fire protection and a 40-foot clear height. Dock packages are installed on all doors, including shelters, bumpers, and mechanical levelers. Trailer parking is available. The property provides immediate access to I-5 and is located 3 minutes from SR-512. Build-to-suit office options are available.

Key Highlights

• Immediate access to I‑5
• Benefit from the 40’ clear height
• 1,110,154 square feet available

Property Analytics

Property Profile

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Electrical Service

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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

42

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 98387, WA

51,630

Population

17,151

Households

3

Avg Household Size

35

Median Age

17%

College-Educated

91%

High-School Grad

26.6 sq mi

ZIP Area

1,941

Density / Sq Mi

$101,141

Median Household Income

$54,167

Median Earnings

$1,837

Median Rent

$424,100

Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this warehouses located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Warehouse - 1,110,154 SF industrial space with I-5 access.

Where is this warehouse located?

The property is located at 20623 34th Ave E Spanaway, WA.

What are key features of this property?

This property features: Immediate access to I‑5; Benefit from the **40’ clear height**; 1,110,154 square feet available