22645 76th Ave S, Kent, WA 98032
Stand-alone building suitable for manufacturing and distribution with income potential.
- Added:
- Nov 10, 2025
- Days on Market:
- 238
- Last Refresh:
- Jul 4 at 10:52 am
Property Features for 22645 76th Ave S
General Information
- Standard status
- Active
- Size
- 22,224 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1981
Listing office Kidder Mathews
Listing date Nov 10, 2025
Source Crexi
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 Kidder Mathews
HighLights
- Stand‑alone building ideal for Owner/User: Occupy 2/3 of the building and receive income from the remaining portion (Seller leaseback).
- Excellent location near SR‑167 with close proximity to I‑5, I‑405 & SR‑18.
- High power capacity: 1,200 amps.
- Suitable for manufacturing and distribution uses.
- Located on a hard corner, offering unique identity.
- Built in 1981.
Overview
Local Financial Insights For Warehouse
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 | $322.7k | $14.52 |
| − Vacancy | −$20.0k | −$0.90 |
| EGI | $302.7k | $13.62 |
| − OpEx | −$45.4k | −$2.04 |
| NOI | $257.3k | $11.58 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Kent
- County
- King
- State
- Washington
- Longitude
- -122.2391931
- Latitude
- 47.398125
