Park East | 950 Andover Park E
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Park East 950 Andover Park E
41,286 SF Flex Building Tukwila, WA 98188 For Sale
Investment Highlights
- HIGH BARRIER TO ENTRY
- ADVANTAGEOUS ZONING
- PRIME CORNER LOCATION
Executive Summary
THE VARA GROUP is pleased to offer the sale of a 41,286 SF building on a 1.86-acre parcel in Tukwila, WA. The asset has been
transformed to feature an open floor plan, providing versatility for a wide range of uses. The property is located in a burgeoning
submarket on the highly visible, signalized corner of Minkler Blvd and Andover Park E. The building benefits from significant street
frontage and outstanding exposure.
• Owner/User or Investor Opportunity
• Flexible Zoning
• Signalized Corner Location
• Established Commercial-Flex Corridor
• Full Roof Replacement in 2018
• 3.9% Submarket Vacancy
transformed to feature an open floor plan, providing versatility for a wide range of uses. The property is located in a burgeoning
submarket on the highly visible, signalized corner of Minkler Blvd and Andover Park E. The building benefits from significant street
frontage and outstanding exposure.
• Owner/User or Investor Opportunity
• Flexible Zoning
• Signalized Corner Location
• Established Commercial-Flex Corridor
• Full Roof Replacement in 2018
• 3.9% Submarket Vacancy
Property Facts
| Sale Type | Investment or Owner User | Tenancy | Single |
| Property Type | Flex | Parking Ratio | 0.97/1,000 SF |
| Building Class | C | Clear Ceiling Height | 18 FT |
| Lot Size | 1.84 AC | No. Dock-High Doors/Loading | 1 |
| Rentable Building Area | 41,286 SF | No. Drive In / Grade-Level Doors | 7 |
| No. Stories | 1 | Cross Streets | Minkler Blvd |
| Year Built/Renovated | 1975/1990 |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 1.84 AC |
| Rentable Building Area | 41,286 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1975/1990 |
| Tenancy | Single |
| Parking Ratio | 0.97/1,000 SF |
| Clear Ceiling Height | 18 FT |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 7 |
| Cross Streets | Minkler Blvd |
Amenities
- Signage
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PROPERTY TAXES
| Parcel Number | 262304-9105 | Improvements Assessment | $5,088,200 |
| Land Assessment | $4,057,600 | Total Assessment | $9,145,800 |
PROPERTY TAXES
Parcel Number
262304-9105
Land Assessment
$4,057,600
Improvements Assessment
$5,088,200
Total Assessment
$9,145,800
zoning
| Zoning Code | CM, Tukwila (Tukwila Urban Center- Work-Place (TUC-WP)) |
| CM, Tukwila (Tukwila Urban Center- Work-Place (TUC-WP)) |
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Park East | 950 Andover Park E
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