1300 27Th StRenton, WA 98057

Property Details for 1300 27Th St

Year built

2017

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

16.76 AC

Property size (Sq ft)

114,403 SF

Zone code

CO

Property type

Office properties

Property subtype

Office buildings

APN

088670-0100

APU

886700100

Description

The Baker Building, a prestigious Class A office property in Renton/Tukwila's Southend submarket, offers an exceptional opportunity for businesses seeking high-quality space. Completed in 2017, this three-story building boasts a total of 112,272 square feet, with the entire building currently vacant and available for lease. The property sits on a substantial 16.74-acre lot (729,056 square feet), providing ample parking and potential for future expansion. Flexible lease terms are available, accommodating various needs. The minimum divisible space is 34,327 square feet, while the maximum contiguous space is the entire 112,272 square feet. The building features high-end improvements and highly efficient layouts, designed to maximize productivity and create a modern, comfortable work environment. Its King County location offers easy access to major transportation routes and amenities. This is a rare opportunity to secure a significant amount of prime office space in a thriving submarket. The property's APN is 088670-0100. Contact us today to learn more about leasing options.

• CAP approach

  CAP return

  Valuation

  6%

  $22,463,084

  6.5%

  $20,735,154

  7%

  $19,254,072

• Comparable approach

  Method

  Valuation

  Relative Method

  $29,161,850

  Geo Method

  $22,031,730

• Alternative Use

  Use

  Valuation

  Residential

  $25,711,592

  Hospitality

  $23,551,680

  Educational

  $19,594,720

  Medical

  $20,268,614

  Retail

  $30,480,678

Location Insight

City

Renton

County

King

State

Washington

Latitude

47.4578

Longitude

-122.236

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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