Standalone Industrial Warehouse with
9680 153rd Ave NE Redmond, WA 98052
9680 153rd Ave NE, Redmond, WA, 98052
Contact for pricing
For Sale
Contact for pricing
Standalone industrial warehouse includes warehouse space, office space, and a gated paved, lit yard.
Property Size21,352 SF
Price / SF$400.43
Days on Market76
Property Features for 9680 153rd Ave NE
General Information
- Standard status
- Active
- Size
- 21,352 SF
- Property subtype
- INDUSTRIAL
Listing agency
Broderick Group, Inc.
(425) 274-4281
Listed by
Tyler Slone
(425) 274-4281
Source
Moodyscre
Added: May 7 Updated: Jul 21 at 4:30AM Checked: Jul 21 at 4:30AM
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 Broderick Group, Inc.
Investment Insights
Based on property information with market context.
Standalone industrial property totaling 21,352 RSF with an approximately 15,412 RSF warehouse and an approximately 5,940 SF office component. The warehouse is offered with 22–24’ clear ceiling heights, GL loading, and insulated warehouse walls. The property also features a gates, paved and lit yard, along with exterior vehicle charging.
Located at 9680 153rd Ave NE in Redmond, Washington, the facility is served by its yard for vehicle operations and is designated under MP zoning.
This owner-user/industrial configuration combines warehouse functionality with dedicated office space on-site, supported by practical loading and yard improvements.
Located at 9680 153rd Ave NE in Redmond, Washington, the facility is served by its yard for vehicle operations and is designated under MP zoning.
This owner-user/industrial configuration combines warehouse functionality with dedicated office space on-site, supported by practical loading and yard improvements.
Key Highlights
- Standalone industrial warehouse totaling 21,352 RSF with a warehouse (~15,412 RSF) and office (~5,940 SF)
- Insulated warehouse walls and ~22–24' clear ceiling height
- GL loading and exterior vehicle charging
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 | $768.7k | $36.00 |
| − Vacancy | −$168.3k | −$7.88 |
| EGI | $600.3k | $28.12 |
| − OpEx | −$150.1k | −$7.03 |
| NOI | $450.2k | $21.09 |
21,352 SF · lease $36.00/SF/yr · vacancy 21.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$6.43M
$5.63M – $7.50M
NOI $450,250 @ 7.0% cap · market cap 5.27%
Second Best
Flex RnD
$4.38M
$3.83M – $5.11M
NOI $306,542 @ 7.0% cap · market cap 3.59%
Theoretical Best
Office A
$8.55M
$7.48M – $9.98M
NOI $598,642 @ 7.0% cap · market cap 7.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Home Comfort Alliance ...
Hardware & Home Improvement
Real Life Exhibit ...
Museum
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- A Platinum Event — 8810 152nd Ave NE, Redmond, WA 98052
FAQs
What type of property is this?
Flex space - Standalone industrial warehouse includes warehouse space, office space, and a gated paved, lit yard.
Where is this flex space located?
The property is located at 9680 153rd Ave NE Redmond, WA.
What is the asking price?
The asking price for this property is $8,550,000.
What are key features of this property?
This property features: Standalone industrial warehouse totaling 21,352 RSF with a warehouse (~15,412 RSF) and office (~5,940 SF); Insulated warehouse walls and ~22–24' clear ceiling height; GL loading and exterior vehicle charging
