Industrial Property for Sale in Seattle, WA
- Price: $850K
- Listing type: For sale
- Asset type: Industrial Property
- Location: Seattle, WA 98134
- Size: 1,500 SF
Description
• Property Type: Flex, light manufacturing • Year Built: 2010 • Power: 110-volt convenience power throughout both units and numerous 250-volt power outlets • Flexible layout and design • 1,500 SF /Unit including 500 SF mezzanine/Unit • Industrial layout with high ceilings & roll up doors • One (1) reserved parking stall • One (1) 10” x 9’ roll up grade door
Market Context
This industrial in Seattle, WA is listed for sale at $850,000 across 1,500 SF. It has been on the market for 5 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).
Contact
- Morgan Richey · 1425362-1409 · morgan.richey@nmrk.com
- Morgan Richey · 1425362-1409 · morgan.richey@nmrk.com
- Evan Lugar · 1425362-1403 · evan.lugar@nmrk.com
Explore this market
Similar Industrial Property for Sale in Seattle, WA
- 2520 Park View St NE, Olympia, WA — Contact for price · Olympia, WA
- 6035 S Adams St — Contact for price · Tacoma, WA
- Prologis Park Seattle 4 — Contact for price · Seattle, WA · 27,560 SF
- 71 West Arlington Street — $3.4M · Yakima, WA · 30,640 SF
- 7226 South 262nd Street — Contact for price · Kent, WA · 18,231 SF
- Auburn North — Contact for price · Auburn, WA · 128,331 SF