1300 27th St Renton, WA 98057-2435
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.
15. In the CD and CO Zones, outdoor retail sales are limited to farmer’s markets. In the RMF Zone, outdoor retail sales are limited to vending machines and retail product lockers. In all other zones, outdoor retail sales are limited to farmer’s markets, building, hardware and garden products, vending machines, and retail product lockers. Vending machines and…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CO · Renton, WA15. In the CD and CO Zones, outdoor retail sales are limited to farmer’s markets. In the RMF Zone, outdoor retail sales are limited to vending machines and retail product lockers. In all other zones, outdoor retail sales are limited to farmer’s markets, building, hardware and garden products, vending machines, and retail product lockers. Vending machines and retail product lockers shall comply with the following standards: a. No more than two (2) units shall be permitted outside of a building; b. The maximum width of the combined units shall be no more than twelve feet (12'); c. The units shall not block any openings (e.g., windows, doors, etc.); d. The units shall not impede ADA accessibility; and e. The units shall not be located within a surface parking area or landscaped area, and shall be situated such that it abuts a building facade. (Ord. 5841, 6-12-2017) 16. Attached dwelling units may be allowed in conformance with the following: a. Mass Transit Facilities: At least fifty percent (50%) of the lot shall be located within one-quarter (1/4) mile (as the crow flies) of at least one of the following: i. Bus Stop: An official bus service stop that offers levels of service comparable to the following: (a) Service at least every ten (10) minutes during peak morning and evening travel times; (b) Fifteen (15) minute service during off-peak periods; (c) Scheduled service for late night/early mornings; and (d) Full service seven (7) days a week. ii. Dedicated Park and Ride: A Park and Ride, as defined in RMC 4-11-160 , Definitions P. iii. Commuter Rail: A passenger rail station. b. Mixed Use Building: Dwelling units shall be allowed only within a vertically mixed use building with ground floor commercial designed and developed pursuant to RMC 4-4-150 , Residential Mixed-Use Development Standards. Commercial uses on the ground floor shall be limited to retail sales, on-site services, eating and drinking establishments, taverns, daycares, preschools, indoor recreational facilities, pet daycares, craft distilleries/small wineries/micro-breweries with tasting rooms and similar uses as determined by the Administrator. c. Structured Parking: Required parking for the dwelling units shall be provided entirely within an attached structured parking facility. If not provided within a structured parking garage, surface parking lots serving commercial uses shall be located to the rear and/or side of the building. d.
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.