Building Details

Building Size 478,542 SF

Year Built 2024

Listing Agency: Kidder Mathews - Tukwila

Listed By: Mike Newton · License #39238 Show Phone

Source: Kidder

Added: Nov 23, 2025 Changed: Sep 3 Last Checked: Jul 30 at 8:31AM

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Investment Insights

Based on property information with market context.

This property offers a build-to-suit office opportunity within a new construction project. Situated in close proximity to the Kent Valley, the location provides convenient access to I-5 and the Port of Tacoma.

Key Highlights

• New construction
• Build to suit office
• Close to Kent Valley

Property Analytics

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Current Use

Industrial properties

Suggested Use

Top Pick Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Hair Salon

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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

123

Businesses Nearby

Explore this area Business Placement

Demographics for 98354, WA

8,264

Population

3,242

Households

2.5

Avg Household Size

40

Median Age

23%

College-Educated

92%

High-School Grad

2.8 sq mi

ZIP Area

2,951

Density / Sq Mi

$90,361

Median Household Income

$56,581

Median Earnings

$2,010

Median Rent

$510,900

Median Home Value

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this industrial properties located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Industrial property - New industrial construction for lease near I-5 and Tacoma Port.

Where is this industrial property located?

The property is located at 60 5th Ave Milton, WA.

What are key features of this property?

This property features: New construction; Build to suit office; Close to Kent Valley