Property profile

13536 NE 126Th Pl Kirkland, WA 98034

FOR LEASE
Warehouses
Property ID
US90-0871950
32,248 SF 1.24 ac lot Built 1986
Entity Owned 18-yr Hold ~ Est. High Equity
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13536 NE 126Th Pl, Kirkland, WA 98034 For Lease
Contact for pricing 9,125 SF available
13536 NE 126Th Pl, Kirkland, WA 98034
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Property summary

AI-generated overview

This exceptional industrial property, the AmTest Warehouse Building, offers two available warehouse suites in the thriving Kirkland submarket of King County. The building, constructed in 1986, boasts a total of 32,248 square feet across a single, two-story structure situated on a 1.69-acre lot. The property is zoned TL-7B and provides ample parking with 48 spaces. Two suites are currently available for lease: Suite A, encompassing 6,543 square feet (1,500 square feet of office space and 5,043 square feet of warehouse space), and Suite B, offering 9,125 square feet (1,558 square feet of office space and 7,567 square feet of warehouse space). Both suites benefit from convenient grade-level and dock-high loading capabilities, ensuring efficient loading and unloading operations. The building's central location offers unparalleled access to major transportation arteries and nearby cities, including Redmond, Woodinville, Kirkland, and Bellevue, making it an ideal location for businesses seeking a strategic advantage in the region. This multi-tenant building presents a unique opportunity for businesses seeking flexible and functional warehouse space in a highly desirable location. The property's features and location combine to create a compelling investment opportunity.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1986
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 32,248 SF
Lot 1.24 ac (54,014 SF)
Zoning code TL 7B
APN 272605-9009
UPID US90-0871950

Cap rate & NOI

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

Location

13536 NE 126Th Pl Kirkland, WA 98034
Kirkland metro Census 21904 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$6.06M
Comparable Approach Comparable
$4.93M
Blend (final) Blend
$5.36M

Owner & transaction history

since 2008
7 recorded transactions
2021
Price N/A
2018
Price N/A
2008
$3.6M
2000
$2.6M
1997
$1.8M
1989
$131,250
1989
$525,000

Zoning & alternative use

TL 7B · Kirkland, WA

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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