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Property profile

18296 Andover Park Tukwila, WA 98188

OFF-MARKET
Warehouses
74,476 SF 5.39 ac lot Built 1978
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Property summary

AI-generated overview

This exceptional industrial property, located in the desirable Kent Valley North submarket of Seattle South Business Park, offers a unique opportunity. The property encompasses a total of 74,476 square feet across two stories, with 8,640 square feet currently available for lease. The building is classified as Class B and was constructed in 1978. Features include a substantial 24-foot ceiling height, providing ample vertical space for storage and operations. Tenants will benefit from excellent access with 10 dock-high doors and 4 drive-in doors, facilitating efficient loading and unloading. The property also boasts a generous 5.39 acres of land (234,788 square feet), including a fenced yard, ideal for outdoor storage or operations. Ample parking is provided with 51 spaces. The building is equipped with 3-phase heavy power, catering to the needs of manufacturing and distribution businesses. The property is zoned HI and has an APN of 870021-0020. This is a rare opportunity to secure a smaller, dock-high distribution space in a highly sought-after location. The landlord is willing to work directly with a new tenant on lease terms. This property is perfect for a business seeking a versatile and well-equipped space in a strategic location.

Property profile

Verified
Property type Warehouses
Year built 1978
Total area 74,476 SF
Lot 5.39 ac (234,788 SF)

Cap rate & NOI

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

Location

18296 Andover Park Tukwila, WA 98188
Tukwila metro
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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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