565 Andover Park West, Tukwila, WA 98188
Office building with 10,358 square feet of space in Tukwila.
- Added:
- Jan 29, 2021
- Days on Market:
- 1960
- Last Refresh:
- Apr 5 at 8:27 pm
Property Features for 565 Andover Park West
General Information
- Standard status
- Active
- Size
- 10,358 SF
- Lot size
- 7.24 Acres
- Property subtype
- OFFICE
Listing agent Mike George (425) 586-5618
Listing office NAI Puget Sound Properties (425) 586-5618
Listing date Jan 29, 2021
Source Moodyscre
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
HighLights
- Tax ID: 2623049144
Overview
Local Financial Insights For Office B
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 | $372.9k | $36.00 |
| − Vacancy | −$81.7k | −$7.88 |
| EGI | $291.2k | $28.12 |
| − OpEx | −$72.8k | −$7.03 |
| NOI | $218.4k | $21.09 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Tukwila
- County
- King
- State
- Washington
- Longitude
- -122.255
- Latitude
- 47.4513
