14801 Spring St, Lakewood, WA 98439
This exceptional Class A office and industrial campus, built in 2018, offers a diverse range of spaces to suit various business needs. The property boasts a total of 467,208 square feet, with 200,000 square feet currently available for lease. Units range from a minimum of 300 square feet to a maximum contiguous space of 50,000 square feet, providing flexibility for businesses of all sizes. The campus features a variety of space types including executive office suites, coworking areas, warehouse space, and traditional office layouts, making it ideal for a multitude of uses. The property sits on a substantial 21.83-acre lot and includes 128 loading docks, 6 drive-ins, and ample parking with 372 total spaces. High ceilings at 36 feet provide significant vertical space, particularly beneficial for warehouse and distribution operations. The property benefits from robust power capabilities (2,400 Amps, 3-phase) and is zoned IBP. The property's modern design and extensive amenities make it an attractive option for businesses seeking a versatile and efficient workspace. The Asset Property Number (APN) is 021922-1162. This is a multi-tenant property offering a variety of lease terms.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.