3601 Marginal Way, Seattle, WA 98106
This fully occupied, 26,887 square foot Class C industrial manufacturing building is located in Seattle's South submarket at 3601 W Marginal Way SW, King County, WA 98106. Built in 1969, this two-story building sits on a 0.41-acre lot (APN 766670-3920) and features a 20-foot ceiling height and one loading dock. The property benefits from excellent visibility on West Marginal Way SW, providing easy access to Highway 99 and Interstate 5, as well as proximity to the Port of Seattle and Seattle's central business district. Currently 100% leased, this property offers a strong investment opportunity within a thriving market. The building is zoned IG2 U/885. The Puget Sound region's diverse economy, including strong growth in technology, aerospace, and life sciences, contributes to high employment and robust space absorption. The property's location also benefits from the growth of the legal cannabis industry in Washington State. This presents a unique opportunity for investors seeking exposure to a dynamic and expanding sector within a prime Seattle location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
5 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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