704 W Meeker, Kent, WA
5000 SF office, manufacturing, warehouse space in downtown Kent.
- Added:
- Aug 25, 2025
- Days on Market:
- 302
- Last Refresh:
- May 20 at 9:03 pm
Property Features for 704 W Meeker
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Lot size
- 1.08 Acres
- Property subtype
- INDUSTRIAL
Listing agent Morgan Llewellyn, CCIM License ##12531 (206) 579-4052
Listing office Llewellyn Real Estate (206) 579-4052
Listing date Aug 25, 2025
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of Llewellyn Real Estate
HighLights
- Well‑located 5000 SF office, manufacturing, warehouse space.
- Ample parking.
- Close proximity to Sound Transit and Kent Station.
- Located in downtown Kent.
- Close proximity to City Hall.
- Close proximity to Regional Justice Center.
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 | $154.8k | $30.96 |
| − Vacancy | −$24.0k | −$4.80 |
| EGI | $130.8k | $26.16 |
| − OpEx | −$32.7k | −$6.54 |
| NOI | $98.1k | $19.62 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Safeguard Self Storage Kent — 415 Washington Ave N, Kent, WA 98032
- Public Storage — 6850 S 238th St, Kent, WA 98032
Location Insight
- Map
- Local Demand
- City
- Kent
- County
- King
- State
- Washington
- Longitude
- -122.24
- Latitude
- 47.3811