Industrial Property for Sale in Seattle, WA

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

Description

Discover the prime location for Industrial/Manufacturing investors or tenants at the Georgetown Logistics Center in Seattle, WA. Situated in the heart of the vibrant Georgetown neighborhood, this area offers access to an array of essential amenities and services to support industrial operations. Nearby points of interest include the Port of Seattle, a vital gateway for international trade, as well as the Boeing Field and Seattle-Tacoma International Airport, ensuring efficient logistics for your business. With a strong industrial presence and a focus on sustainable practices, Seattle presents an exceptional opportunity for industrial and manufacturing investment or tenancy at the Georgetown Logistics Center.

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.

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