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Single-Tenant Warehouse with Grade-Level Door
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5503 232nd St SW, Mountlake Terrace, WA 98043

Single-tenant warehouse offers grade-level loading and approximately 17-foot maximum clear height for light industrial, storage, or service use.

Space Size9,600 SF
Lot Size0.33 Acres
Days on Market288

Property Features for 5503 232nd St SW

General Information

Standard status Active
Size 9,600 SF
Lot size 0.33 Acres
Property subtype INDUSTRIAL
Lease Type NNN

Warehouse & Industrial

Clear Height 17 ft
Drive-In Doors 1

Building Details

Year Built 1951
Tenancy Single

Spaces For Lease

at 5503 232nd St SW Contact us

5503 232nd St SW $1.20/SF/Mo

Size
9,600 SF
Type
INDUSTRIAL
Lease Type
NNN
Availability
AVAILABLE
5503 232nd St SW is a single-tenant warehouse building totaling approximately 9,600...
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Listing Agency: Lee & Associates Commercial Real Estate Services
Listed By: Stuart Williams
Source: Moodyscre
Added: Dec 8, 2025 Changed: Sep 8 Last Checked: Sep 21 at 9:05AM

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 Lee & Associates Commercial Real Estate Services

Investment Insights

Based on property information with market context.

5503 232nd St SW is a single-tenant warehouse building totaling approximately 9,600 SF on a 14,375 SF (0.33-acre) parcel in Mountlake Terrace. Originally constructed in 1951, the property is designed for practical warehouse operations and includes a grade-level loading door. The space features an approximately 17-foot maximum clear height.

The building configuration supports light industrial, storage, or service-oriented users seeking an efficient warehouse setup with grade-level access.

As a standalone facility on its own parcel, it provides dedicated building use within a compact site footprint.

Key Highlights

  • Single‑tenant warehouse totaling approximately 9,600 SF on a 14,375 SF (0.33‑acre) parcel in Mountlake Terrace
  • Grade‑level loading door for efficient move‑in and operations
  • Max clear height of approximately 17 feet for light industrial, storage, or service use

Property Analytics

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Current Use

Warehouses

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Furniture & Home Goods Big Box & Wholesale Store Catering Service Grocery & Convenience Store

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

17 ft
Clear height
1
Drive-in doors
Single-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

439
Businesses Nearby
Under-served
Demand for This Use

Demographics for 98043, WA

21,285
Population
9,493
Households
2.2
Avg Household Size
39
Median Age
42%
College-Educated
94%
High-School Grad
4.1 sq mi
ZIP Area
5,191
Density / Sq Mi
$101,408
Median Household Income
$59,982
Median Earnings
$1,966
Median Rent
$605,800
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
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Frequently Asked Questions

What type of property is this?
Warehouse - Single-tenant warehouse offers grade-level loading and approximately 17-foot maximum clear height for light industrial, storage, or service use.
Where is this warehouse located?
The property is located at 5503 232nd St SW Mountlake Terrace, WA.
What are key features of this property?
This property features: Single‑tenant warehouse totaling approximately 9,600 SF on a 14,375 SF (0.33‑acre) parcel in Mountlake Terrace; Grade‑level loading door for efficient move‑in and operations; Max clear height of approximately 17 feet for light industrial, storage, or service use
(425) 417-5078 Call to check price and availability
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