Renton Office Building For
600 Naches Ave SW Renton, WA 98057
For Sale
Contact for pricing
Office building in Blackriver Corporate Park with excellent regional access.
Property Size18,643 SF
Lot Size6.86 Acres
Price / SF$254.79
Days on Market329
Property Features for 600 Naches Ave SW
General Information
- Standard status
- Active
- Size
- 18,643 SF
- Lot size
- 6.86 Acres
- Property subtype
- OFFICE
Properties For Sale
at 600 Naches Ave SW Contact us
Listing Agency:
Heartland, LLC
(206) 682-2500
Listed By:
Doug Larson
(206) 682-2500
Source:
Moodyscre
Added: Sep 2, 2025
Changed: Jul 6
Last Checked: Jul 21 at 8:23AM
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 Heartland, LLC
Investment Insights
Based on property information with market context.
This property offers an opportunity for owner-users to acquire a building in the Blackriver Corporate Park. Located in Renton, Washington, the property is situated within a professionally managed business park, providing a corporate environment. The building features modern infrastructure and on-site parking. The property's location provides regional access, supporting business growth and operational success. The building's size is 18643 square feet.
Key Highlights
- Opportunity for owner‑users to secure their own building.
- Located in the highly desirable Blackriver Corporate Park.
- Central Renton location with excellent regional access.
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 | $615.2k | $33.00 |
| − Vacancy | −$175.3k | −$9.41 |
| EGI | $439.9k | $23.60 |
| − OpEx | −$110.0k | −$5.90 |
| NOI | $329.9k | $17.70 |
18,643 SF · lease $33.00/SF/yr · vacancy 28.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$4.71M
$4.12M – $5.50M
NOI $329,911 @ 7.0% cap · market cap 6.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.07M
$5.31M – $7.09M
NOI $425,195 @ 7.0% cap · market cap 8.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
FAQs
What type of property is this?
Office building - Office building in Blackriver Corporate Park with excellent regional access.
Where is this office building located?
The property is located at 600 Naches Ave SW Renton, WA.
What is the asking price?
The asking price for this property is $4,750,000.
What are key features of this property?
This property features: Opportunity for owner‑users to secure their own building.; Located in the highly desirable Blackriver Corporate Park.; Central Renton location with excellent regional access.
