Property profile

938 127Th St Seattle, WA 98133

OFF-MARKET
Warehouses
32,615 SF Built 1982
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Property summary

AI-generated overview

This exceptional King County property offers a unique blend of industrial and creative office space, ideal for a variety of businesses. Situated at 938 N 127th St, Seattle, WA 98133, this two-building complex totals 32,615 square feet, built in 1982 and featuring two stories. Currently, there are multiple tenants, with 1,104 square feet of immediately available space, and additional spaces ranging from 1,104 to 6,604 square feet. The property's classification as both office and industrial, with a creative office subtype, makes it highly versatile. Its location offers convenient access to major transportation arteries, including Aurora Avenue and I-5, ensuring seamless logistics and easy commutes. The surrounding area boasts a vibrant mix of retail and restaurant amenities, providing employees with numerous lunch and after-work options. The property is a multi-tenant building, offering flexibility for businesses of various sizes. Please note that the Net, Net, Net (NNN) lease structure excludes janitorial services, water/sewer, and trash removal. This presents a compelling investment opportunity in a thriving Seattle neighborhood. The property's size, location, and adaptable space make it an attractive option for businesses seeking a strategic location in a dynamic market.

Property profile

Verified
Property type Warehouses
Year built 1982
Total area 32,615 SF

Cap rate & NOI

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

Location

938 127Th St Seattle, WA 98133
Seattle metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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