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Renton Commercial Real Estate for Sale
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Commercial Real Estate For Sale in Renton
Renton, Washington, stands out as a key location for commercial real estate with 16 listings currently available for investors. The city's infrastructure includes a transportation network with King County Metro and Sound Transit Express buses, and there are plans to improve bus rapid transit services. Renton's location on the southeast shore of Lake Washington and at the mouth of the Cedar River makes it an appealing place for businesses. The presence of Renton Technical College and the Renton School District provides good education options, supporting workforce development in a city with strong manufacturing, technology, and healthcare industries.
The commercial real estate market in Renton benefits from its closeness to major economic centers and being the 6th largest city in the Seattle area. Only 11 miles from downtown Seattle, Renton has a notable industrial sector, including the Boeing Renton Factory. Industrial properties in Renton support a variety of businesses, from manufacturing to warehousing, thanks to the city's location and solid labor market. Apartment buildings respond to the needs of Renton's increasing population, while office spaces serve professionals in different fields, including the growing tech sector. For those interested in the hospitality industry, hotel properties are well-placed to cater to business travelers and tourists who come for the area's natural scenery and business opportunities. Overall, Renton offers a range of real estate options for investors and businesses in a community that is both diverse and growing.
Learn About Commercial Real Estate For Sale in Renton
What is the largest commercial real estate property available to buy in Renton?
Why is Renton an ideal location for commercial real estate?
How many commercial real estate listings are available for sale in Renton?
What factors should I consider when searching for commercial real estate in Renton?
- The average price per square foot, currently $281, to ensure you are getting a fair deal relative to the market.
- The range of property sizes, with an average size of 23,302 SF and up to 75,000 SF, to find a space that suits your business needs.
- The average capitalization rate, or cap rate, which is 6.94%, to assess the potential return on investment.
How much does it cost to buy commercial real estate in Renton?
- The average price per square foot is $281.
- Properties on average provide 23,302 SF of space.
- There are currently 16 commercial real estate listings available for sale in Renton.
Renton, Washington, serves as a prime location for various types of commercial real estate, ranging from small-scale properties to expansive warehouses. Seattle, a neighboring city, offers a dynamic market for commercial spaces, including retail leases and businesses for sale. Bellevue provides a mix of commercial real estate opportunities, with properties suitable for both established companies and new ventures. In Kent, investors can find a selection of commercial properties that cater to a diverse set of business needs, including church spaces and warehouses for rent. Auburn's commercial real estate landscape is ideal for those looking for affordable options without compromising on location. Tukwila, North Bend, Black Diamond, and Snoqualmie collectively add to the regional variety, with each city presenting unique commercial spaces that can accommodate a range of business activities. Together, these cities around Renton, WA, create a comprehensive market for commercial real estate, offering potential investors a robust selection of properties to suit various business models.
Commercial Real Estate Explained
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