7960 Center St SW, Tumwater, WA 98501
Steel-framed warehouse with mezzanine and ample parking in Tumwater.
- Added:
- Sep 23, 2020
- Days on Market:
- 2115
- Last Refresh:
- Jul 2 at 6:03 am
Property Features for 7960 Center St SW
General Information
- Standard status
- Active
- Size
- 52,570 SF
- Lot size
- 2.80 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 2007
Listing office Premier Commercial NW
Listing date Sep 23, 2020
Source Crexi
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 Premier Commercial NW
HighLights
- 52,000 Sq Ft Steel Framed Warehouse with 2,000 Sq Ft Mezzanine
- 2.8 Acres (121,968 Sq Ft) of Leased Land
- Built in 2008 with Steel Frame, Walls, and Roof
- 440 KVA Electrical Power and Natural Gas Heat
- 6 HVAC Units and Insulated Building
- 90 Parking Stalls and Retail Environment
Overview
Local Financial Insights For Warehouse
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 | $643.5k | $12.24 |
| − Vacancy | −$34.7k | −$0.66 |
| EGI | $608.7k | $11.58 |
| − OpEx | −$91.3k | −$1.74 |
| NOI | $517.4k | $9.84 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Airport Money Saver — 810 78th Ave SW, Tumwater, WA 98501
Location Insight
- Map
- Local Demand
- City
- Tumwater
- County
- Thurston
- State
- Washington
- Longitude
- -122.9175283
- Latitude
- 46.9720109