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    FOR SALE
    Warehouses

    18700 Southcenter Pkwy, Tukwila, WA 98188

    45,146 SF 2.19 ac lot Built 1968
    Entity Owned 11-yr Hold ~ Est. High Equity
    Property ID
    US90-1315343
    18700 Southcenter Pkwy, Tukwila, WA 98188 For Sale
    $6,900,000 45,146 SF
    18700 Southcenter Pkwy, Tukwila, WA 98188
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    Property summary
    AI-generated overview

    This King County warehouse in Tukwila, WA, offers flexible lease options for industrial tenants seeking space ranging from 500 to 4,326 square feet within a 5,000 square foot building at 18700 Southcenter Pkwy, 98188. The property features one dock-high door with a loading platform, allowing for efficient loading and unloading of goods. A total of 4,326 square feet is currently available for lease. The space includes 4,000 square feet of pallet racking and is suitable for dry storage, with cross-docking permitted. Tenants are allowed to receive and unpack freight on-site. Two small office spaces are also available. Access is controlled by staff, with hours of operation from 6:00 AM to 10:00 PM, Monday through Saturday (appointments required outside of these hours and on Sundays). The warehouse boasts a 25-foot ceiling height and is conveniently located near major freeways, SeaTac Airport, and Amazon facilities. The monthly rental rate is $2.00 per square foot, based on a 12-month lease commitment. Shorter-term leases may be available upon request and will be quoted individually. Tenants utilizing less than 1,000 square feet may use the space for labor

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1968
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 45,146 SF
    Lot 2.19 ac (95,537 SF)
    Zoning code HI
    APN 352304-9014
    UPID US90-1315343
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $7.64M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $5.51M
    Owner & transaction history
    Gwi Tukwila Realty LLC · 11 yrs held
    Gwi Tukwila Realty LLC
    since 2014
    7 recorded transactions
    2014
    2013
    2012
    2012
    2009
    2007
    2006
    Zoning & alternative use
    HI · Tukwila, WA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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