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Industrial Flex Space with Fenced Yard
New
For Lease
$73,686

4403 Russell Rd & 4351 Chennault Beach Rd, Mukilteo, WA 98275

Multi-use industrial space combines office, warehouse, covered storage, and a paved outdoor yard.

Space Size3,686 SF
Days on Market6

Property Features for 4403 Russell Rd & 4351 Chennault Beach Rd

General Information

Standard status Active
Size 3,686 SF
Net Rentable 3,686 SF
Property subtype Industrial

Space & Availability

Available Space 3,686 SF
Contiguous Space 3,686 SF
Space Use Industrial

Site & Location

Highway Access Yes
Fenced Yard Yes
Outdoor Storage Yes

Warehouse & Industrial

Clear Height 14 ft
Warehouse Space 1,447 SF
Office Build-Out 2,239 SF
Drive-In Doors 1
Three-Phase Power Yes
Listing Agency: Bellevue
Listed By: Talor Okada
Source: Colliers
Added: Aug 26 Changed: Aug 30 Last Checked: Aug 30 at 8:44PM

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 Bellevue

Investment Insights

Based on property information with market context.

This flex property offers approximately 3,686 SF of suite space, including about 2,239 SF of office area and 1,447 SF of warehouse space. The warehouse provides 14' clear height, one drive-in door, and 3-phase power for industrial operations. A fully lit, approximately 4,000 SF covered storage area adds enclosed capacity with 16' clear height.

The outdoor component includes a fully fenced, paved yard measuring approximately 70,000 SF. The property is located at 4403 Russell Rd and 4351 Chennault Beach Rd in Mukilteo, near SR-522 and Paine Field.

Key Highlights

  • Approximately 3,686 SF of flex space
  • Approx. 2,239 SF office and 1,447 SF warehouse
  • Fully fenced, paved yard of approximately 70,000 SF

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Auto Parts Store Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) 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

14 ft
Clear height
1
Drive-in doors
Yes
Fenced yard
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

727
Businesses Nearby
Under-served
Demand for This Use

Demographics for 98275, WA

21,642
Population
8,492
Households
2.5
Avg Household Size
44
Median Age
55%
College-Educated
98%
High-School Grad
7.3 sq mi
ZIP Area
2,965
Density / Sq Mi
$122,612
Median Household Income
$69,619
Median Earnings
$2,127
Median Rent
$830,000
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Multi-use industrial space combines office, warehouse, covered storage, and a paved outdoor yard.
Where is this flex space located?
The property is located at 4403 Russell Rd & 4351 Chennault Beach Rd Mukilteo, WA.
What is the lease rate?
The lease rate is $73,686.
What are key features of this property?
This property features: Approximately 3,686 SF of flex space; Approx. 2,239 SF office and 1,447 SF warehouse; Fully fenced, paved yard of approximately 70,000 SF
More about this property
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