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High-Clearance Industrial Warehouse
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27631 Covington Way SE, Covington, WA 98042

High-clearance warehouse options on a 19.74-acre site with ESFR sprinklers and a highway-18 visibility position.

Space Size93,600 SF
Days on Market1483

Property Features for 27631 Covington Way SE

General Information

Standard status Active
Size 93,600 SF
Net Rentable 25,000 SF
Property subtype INDUSTRIAL

Space & Availability

Available Space 25,000-93,600 SF
Contiguous Space 93,600 SF

Warehouse & Industrial

Clear Height 32 ft
Column Spacing 52 x 60 ft
Sprinkler System Yes

Building Details

Buildings 3

Spaces For Lease

at 27631 Covington Way SE Contact us

Covington Fulfillment Center

Size
93,600 SF
Type
INDUSTRIAL
Rate
Contact for pricing
Lease Type
NNN
Availability
AVAILABLE
Lot Size: 19.74 acres (Ability to fence and secure entire site) Option 1: 93,600...
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Listing Agency: NAI Puget Sound Properties
Listed By: Arie Salomon, SIOR, CCIM
Source: Moodyscre
Added: Aug 23, 2022 Changed: Sep 12 Last Checked: Sep 13 at 6:55AM

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

Investment Insights

Based on property information with market context.

Industrial warehouse options are available for lease on a secured 19.74-acre site, with the ability to fence and secure the entire property. Building configurations include a 93,600 SF option with 32' clear height and multiple dock-high and grade-level doors, as well as a 25,000 SF option with 32' clear height. Each option is supported by an ESFR sprinkler system, a 6-inch concrete slab, LEED certification, and a 52' x 60' typical column spacing.

The property has visibility from Highway 18 and is suited for operations that require straightforward access to a primary roadway. Owner/user sale may be considered.

Exact dock-high and grade-level counts vary by option, providing multiple layout choices while maintaining the same 32' clear-height standard and the industrial site and building improvements described above.

Key Highlights

  • 19.74‑acre site with ability to fence and secure the entire property
  • High‑clearance warehouse options ranging from 25,000 SF to 93,600 SF with 32' clear height
  • ESFR sprinkler system throughout the warehouse options

Property Analytics

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Current Use

Warehouses

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Parking Lot & Garage Hotel & Motel Auto Parts Store 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

32 ft
Clear height
Yes
Sprinkler system
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

682
Businesses Nearby
Well-served
Demand for This Use

Demographics for 98042, WA

49,031
Population
17,365
Households
2.8
Avg Household Size
39
Median Age
34%
College-Educated
93%
High-School Grad
27.8 sq mi
ZIP Area
1,764
Density / Sq Mi
$125,554
Median Household Income
$59,882
Median Earnings
$2,121
Median Rent
$613,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - High-clearance warehouse options on a 19.74-acre site with ESFR sprinklers and a highway-18 visibility position.
Where is this warehouse located?
The property is located at 27631 Covington Way SE Covington, WA.
What are key features of this property?
This property features: 19.74‑acre site with ability to fence and secure the entire property; High‑clearance warehouse options ranging from 25,000 SF to 93,600 SF with 32' clear height; ESFR sprinkler system throughout the warehouse options
(425) 246-9280 Call to check price and availability
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