Industrial Property for Sale in Seattle, WA
- Price: Contact for price
- Listing type: For sale
- Asset type: Industrial Property
- Location: Seattle, WA 98108
Description
Introducing an exceptional investment opportunity in the Seattle area, this prime property at 5201 4th Ave S, Seattle, WA, 98108 offers a highly sought-after industrial/flex space for savvy investors. Boasting a versatile layout and modern amenities, the property provides a conducive environment for various industrial and flex-space ventures. Its strategic location in the thriving Seattle area and the potential for customization make it a compelling choice for investors seeking a lucrative addition to their portfolio. With its well-maintained facilities and opportunities for value enhancement, this property is primed to support the growth and success of industrial and flex space operations. Explore the potential of this prime investment and position yourself at the forefront of Seattle's dynamic industrial market.
Market Context
This industrial in Seattle, WA is listed for sale. It has been on the market for 21 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
Rate estimator only; cost-of-business estimate unavailable.
Contact
- Evan Lugar · 1425362-1403 · evan.lugar@nmrk.com
- Evan Lugar · 1425362-1403 · evan.lugar@nmrk.com
- Josh Satterlee · 1425362-1396 · josh.satterlee@nmrk.com
Explore this market
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