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19042 72Nd Ave Kent, WA 98032

OFF-MARKET Warehouses Google Maps
28,000 SF 1.83 ac lot Built 1978
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This single-tenant industrial property, located at 19042 72nd Ave S in Kent, WA 98032, offers 28,000 square feet of space, with 6,080 square feet currently vacant. The building, constructed in 1978, is a Class C, single-story structure situated on a 1.83-acre lot (79,715 square feet). The property boasts a 16-foot ceiling height, seven drive-in doors, and is zoned M2. The vacant space includes approximately 1,800 square feet of office area. The current lease term extends until January 31, 2028, with 2024 estimated Net, Net, Net (NNN) expenses of $0.33 per square foot. Building features include two grade-level loading doors (one 10'x10', one 10'x12'), three-phase power, and two restrooms. This property is ideally suited for manufacturing, warehouse, or distribution operations and is located in the Kent Valley North submarket, Southend cluster. The property's APN is 000020-0037. This is a prime opportunity to acquire a well-located industrial space in a thriving area. The substantial lot size provides ample room for expansion or future development. The existing infrastructure, including the high ceilings and multiple drive-in doors, makes this property highly functional and efficient for a variety of industrial uses. The current lease provides a stable income stream with potential for future growth.

Property profile

Verified
Property type Warehouses
Year built 1978
Total area 28,000 SF
Lot 1.83 ac (79,715 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Construction Company

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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