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Markey Bldg 7266 8th Ave S

33,365 SF Industrial Building Seattle, WA 98108 $8,650,000 ($259/SF) 6.69% Cap Rate

Industrial Properties Washington Seattle 7266 8th Ave S, Seattle, WA 98108

Executive Summary

Investor Opportunity to acquire an occupied single-tenant Industrial property in the Georgetown submarket. Tenant signed a ten-year lease that commenced November 1, 2024.

Attachments

Markey Machine Offering Memorandum

Data Room Click Here to Access

  • Offering Memorandum

Property Facts

Price $8,650,000 Lot Size 1.31 AC
Price Per SF $259 Rentable Building Area 33,365 SF
Sale Type Investment No. Stories 1
Cap Rate 6.69% Year Built 1941
Property Type Industrial Tenancy Single
Property Subtype Manufacturing Clear Ceiling Height 28 FT
Building Class C
Price $8,650,000
Price Per SF $259
Sale Type Investment
Cap Rate 6.69%
Property Type Industrial
Property Subtype Manufacturing
Building Class C
Lot Size 1.31 AC
Rentable Building Area 33,365 SF
No. Stories 1
Year Built 1941
Tenancy Single
Clear Ceiling Height 28 FT

Amenities

  • 24 Hour Access
  • Fenced Lot
  • Signage

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Martha & Mary Childrens Service
  • -
  • 99,999 SF
  • -
  • -

John Gormley, Editor of Professional Mariner magazine, presented Markey Machinery Company with the 2006 Plimsoll Award for Innovation, during a ceremony held as part of the Connecticut Maritime Association's Shipping 2007 conference. The coveted Samuel Plimsoll Award recognizes a product, service, or procedure that has significantly improved the well-being or safety of mariners.

Tenant Industry SF OCCUPIED RENT/SF Lease End
Martha & Mary Childrens Service - 99,999 SF - -
1 of 1
Bike Score ®
Very Bikeable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
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Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 213620-0210 Improvements Assessment $5,752,200
Land Assessment $3,146,000 Total Assessment $8,898,200

PROPERTY TAXES

Parcel Number
213620-0210
Land Assessment
$3,146,000
Improvements Assessment
$5,752,200
Total Assessment
$8,898,200

zoning

Zoning Code IG1 U85
IG1 U85
  • Tyler Springer
    Tyler Springer
  • Jordan Springer
    Jordan Springer
(206) 486-3112

  • Listing ID: 33924525

  • Date on Market: 11/19/2024

  • Last Updated:

  • Address: 7266 8th Ave S, Seattle, WA 98108

More public record information on 7266 8th Ave S, Seattle, WA 98108

The Industrial Property at 7266 8th Ave S, Seattle, WA 98108 is currently available For Sale. Contact SRE for more information.

Industrial PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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Markey Bldg | 7266 8th Ave S
(206) 486-3112 x

Markey Bldg | 7266 8th Ave S

1/2

Tyler Springer

(206) 486-3112

(206) 486-3112

Jordan Springer

(206) 486-3114

(206) 486-3114

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