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This Industrial Property is no longer advertised on LoopNet.com.

6051 S 194th St
Kent, WA 98032

All Freight Bldg · Industrial Property For Sale

Investment Highlights

  • Urban Infill Industrial: The property is extremely well located in the heart of Kent with convenient access to I-5, I-405, and the Seattle CBD.
  • High Loading Capacity: The building and lot configuration allows for ample parking and loading via 5 dock high and one grade level loading dock.
  • Rapid Rent Growth: Average annual rental growth over the past 10 years has average nearly 6.5%. Including rental growth of 11% in 2022 alone.
  • Close Proximity to Multiple Ports: The location benefits heavily from its immediate proximity to the SeaTac International Airport, and the ports.
  • Investment or Owner/Occupant: The last in-place lease expires within the next 6 months, which creates an opportunity for an Owner/Occupant.
  • Major Nearby Developments: There are a plethora of ongoing industrial and office projects nearby totaling over 11 million square feet.

PROPERTY FACTS

Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 1.43 AC
Rentable Building Area 25,290 SF
No. Stories 2
Year Built 1984
Parking Ratio 1.98/1,000 SF
Clear Ceiling Height 24 FT
No. Dock-High Doors/Loading 4
No. Drive In / Grade-Level Doors 1

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
788880-0500
Land Assessment
$1,774,900
Improvements Assessment
$2,817,600
Total Assessment
$4,592,500

zoning

Zoning Code M1, Kent (Manufacturing)
M1, Kent (Manufacturing)
  • Listing ID: 27080630

  • Date on Market: 11/9/2022

  • Last Updated:

  • Address: 6051 S 194th St, Kent, WA 98032

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