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).

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