Stand-alone Industrial Building I-90
29700 SE High Point Way Issaquah, WA
29700 SE High Point Way, Issaquah, WA, 00000
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For Sale
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21,500 SF industrial building with unmatched access and visibility.
Property Size21,500 SF
Lot Size20.00 Acres
Price / SF$400
Days on Market239
Property Features for 29700 SE High Point Way
General Information
- Standard status
- Active
- Size
- 21,500 SF
- Lot size
- 20.00 Acres
- Property subtype
- INDUSTRIAL
Listing Agency
Kidder Mathews
(425) 450-1102
Listed by
Jason Bloom · License #44029
(425) 450-1102
Source
Moodyscre
Added: Nov 24, 2025 Updated: Jul 6 at 9:07 am Checked: Jul 20 at 4:06 am
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
Investment Insights
Based on property information with market context.
This stand-alone 21,500 SF industrial building offers significant visibility to I-90. The property includes 4,500 SF of office space across two floors and 17,000 SF of warehouse space. The warehouse features a clear height of 24' at its lowest point, extending to 35' in a portion of the space. The building is equipped with 4 dock doors and 2 grade-level doors, and is fully sprinklered. It features heavy power capabilities with a 2,000 amp, 120/208v, 3-phase power supply. The property is gated and includes two access points. A pad and power are available for a backup generator. The building has a new roof. The landlord is open to long-term leases for this versatile building.
Key Highlights
- Tremendous visibility to I‑90
- Stand‑alone 21,500 SF industrial building
- Heavy power: 2,000 amps, 120/208v, 3phase
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 | $335.4k | $15.60 |
| − Vacancy | −$26.5k | −$1.23 |
| EGI | $308.9k | $14.37 |
| − OpEx | −$46.3k | −$2.16 |
| NOI | $262.6k | $12.21 |
21,500 SF · lease $15.60/SF/yr · vacancy 7.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$3.75M
$3.28M – $4.38M
NOI $262,568 @ 7.0% cap · market cap 3.05%
Second Best
Industrial
$3.09M
$2.70M – $3.60M
NOI $216,232 @ 7.0% cap · market cap 2.51%
Theoretical Best
Office A
$8.61M
$7.53M – $10.05M
NOI $602,791 @ 7.0% cap · market cap 7.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Warehouses
Similar For Sale Nearby
Similar Off Market Nearby
- The Drive Shop storage — 30545 SE 84th St, Issaquah, WA 98027
FAQs
What type of property is this?
Warehouse - 21,500 SF industrial building with unmatched access and visibility.
Where is this warehouse located?
The property is located at 29700 SE High Point Way Issaquah, WA.
What is the asking price?
The asking price for this property is $8,600,000.
What are key features of this property?
This property features: Tremendous visibility to I‑90; Stand‑alone 21,500 SF industrial building; Heavy power: 2,000 amps, 120/208v, 3phase
