For Lease
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Property summary
This exceptional King County property, the SK Center, offers 49,383 square feet of versatile industrial space, ideal for a variety of uses. Currently, 8,329 square feet is immediately available, with the potential to lease the entire building. Built in 1981 and extensively renovated in 2021, this single-building complex boasts a 24-foot ceiling height, three loading docks, and two dock-high doors, ensuring efficient operations. The property includes 55 parking spaces and features heavy power. Interior highlights include floor drains, a grease trap, USDA-compliant production space, and a climate-controlled chill space. The building also benefits from recently upgraded bathrooms and a parking garage. The property is zoned NC-75 and is situated in the vibrant West Seattle Junction, at the southeast corner of 37th Ave SE and SW Snoqualmie Street, across from the YMCA. This prime location offers excellent visibility and benefits from significant ongoing redevelopment in the area, including new residential units and retail establishments such as Trader Joe's and a forthcoming Whole Foods. The 23,000 square-foot lot provides extraordinary views of downtown Seattle. Minimum divisible space is 8,329 square feet, with a maximum contiguous space of 49,383 square feet. This is a rare opportunity to secure a well-maintained, strategically located industrial property in a rapidly growing area.
Property profile
VerifiedCap rate & NOI
Current use
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Grocery & Convenience Store Food Market
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Corporate Office
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Law Firm Insurance Agency
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The intent of this district is to promote neighborhood commercial activities to support or encourage a pedestrian-oriented shopping district that serves the surrounding neighborhood and a larger community, citywide, or r…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
NC3-75 (M) · Seattle, WAThe intent of this district is to promote neighborhood commercial activities to support or encourage a pedestrian-oriented shopping district that serves the surrounding neighborhood and a larger community, citywide, or r…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The intent of this district is to promote neighborhood commercial activities to support or encourage a pedestrian-oriented shopping district that serves the surrounding neighborhood and a larger community, citywide, or r…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for NC3-75(M) in Seattle, WA.
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