Technical
Financial
Distress signals
Property profile

19405 68Th Dr NE Arlington, WA 98223

FOR LEASE
Other industrial properties
Property ID
US90-1166120
239,844 SF 12.48 ac lot Built 1989
Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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19405 68Th Dr NE, Arlington, WA 98223 For Lease
Contact for pricing 66,000 SF available
19405 68Th Dr NE, Arlington, WA 98223
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Property summary

AI-generated overview

The property consists of flexible industrial/warehouse facilities configured across multiple suite sizes within a main building and a stand-alone warehouse building. In the main building, available space ranges from approximately 14,200 sq. ft. to approximately 28,400 sq. ft. as contiguous space, with existing industrial infrastructure including heavy electrical power, dock-high loading positions, and on-grade loading positions, along with floor plan flexibility to support different operating layouts. The space is suited for manufacturing, assembly, warehousing, and distribution uses. The main building includes individual suites of approximately 18,407 sq. ft. (Suite H), and two suites of approximately 14,200 sq. ft. each (Suites K and L), with Suites K and L able to be combined for an approximately 28,400 sq. ft. contiguous area. A stand-alone Building B provides approximately 20,000 sq. ft. of warehouse space with direct dock-high and on-grade loading, a secured fenced yard, and exterior storage areas, with multiple interior layout configurations to accommodate different user requirements.

Property profile

Verified
Property type Other industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1989
Construction TYPE NOT SPECIFIED
Total area 239,844 SF
Lot 12.48 ac (543,629 SF)
Zoning code GI
APN 31051400302400
UPID US90-1166120

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Hardware & Home Improvement Furniture & Home Goods
  • Building Supply Industrial Manufacturer
  • Consultant Architecture Firm
  • Warehouse & Storage

Location

19405 68Th Dr NE Arlington, WA 98223
Arlington metro Census 53507 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$14.54M

Owner & transaction history

since 2025
7 recorded transactions
2025
Price N/A
2025
Price N/A
2022
Price N/A
2020
Price N/A
2020
Price N/A
2018
Price N/A
2018
Price N/A

Zoning & alternative use

GI · Arlington, WA
Zoning description

The General Industrial (GI) and Light Industrial (LI) districts are hereby established primarily to accommodate enterprises engaged in the manufacturing, processing, creating, repairing, renovating, painting, cleaning, o…

General category INDUSTRIAL

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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