Industrial Property for Sale in Seattle, WA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Seattle, WA 98108
  • Size: 6,117 SF

Description

Introducing a prime investment opportunity in the heart of Seattle – a 6,117 SF industrial property in a sought-after location. This property features a single unit and is ideally zoned MML-U/85, offering a strategic advantage for industrial, warehouse, or distribution purposes. Boasting an efficient layout and modern amenities, this property presents an enticing opportunity for investors seeking to capitalize on the growing demand for industrial spaces in the dynamic Seattle market. With convenient access to major transportation routes, this property is poised to meet the evolving needs of businesses seeking a prominent presence in the thriving industrial sector of Seattle, WA.

Market Context

This industrial in Seattle, WA is listed for sale across 6,117 SF. It has been on the market for 22 days. Compare it against other industrial listings for sale in Seattle, WA — <a href="/search/sale/industrial/washington/seattle">view the full market</a>.

As of Q4 2024, the Seattle / Bellevue industrial market showed a 9.7% vacancy rate, average asking rents near $12.84/SF/yr, rents up 9.1% year over year, and cap rates around 5.2%. Source: Consensus Q4 2024 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Industrial market FAQ

What is the typical cap rate for industrial in Seattle / Bellevue?
About 5.2% as of Q4 2024, per Consensus.
Is the Seattle / Bellevue industrial market tightening or softening?
Vacancy is around 9.7%, with asking rents rising year over year (Q4 2024).

Unified Estimate

Medium Confidence

$10.91/SF – $14.77/SF

Mid: $12.84/SF

Total estimate for 6,117 SF: $78,542

Rate estimator only; cost-of-business estimate unavailable.

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