Industrial Property for Lease in Renton, WA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Renton, WA
  • Size: 473,420 SF
  • Year built: 1996

Description

Renton Logistics Center - Available for lease

Market Context

This industrial in Renton, WA is listed for lease across 473,420 SF. The building dates to 1996. It has been on the market for 177 days. Compare it against other industrial listings for lease in Renton, WA — <a href="/search/lease/industrial/washington/renton">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 space leases 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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