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Federal Way Industrial with Yard 27500 16th Ave S

12,200 SF Industrial Building Federal Way, WA 98003 £2,761,500 (£226/SF) 6.86% Net Initial Yield

Investment Highlights

  • Sale Leaseback up to 3 Years (Call for Details)
  • Oil Water Separator
  • Wash Bay

Executive Summary

Please do not disturb Tenant. Contact listing agents to schedule a showing.
- SALE LEASEBACK UP TO 3 YEARS (CALL FOR DETAILS)
- WASH BAY
- OIL WATER SEPARATOR
Subject property consists of approximately 12,200 SF building located on two parcels totaling 51,680 SF and is conveniently located right off Pacific Highway South and within close proximity to I-5, retail and services.

Attachments

Flyer

Property Facts

Price £2,761,500
Price Per SF £226
Sale Type Investment
Net Initial Yield 6.86%
Property Type Industrial
Property Subtype Service
Building Class C
Lot Size 1.19 AC
Rentable Building Area 12,200 SF
Number of Floors 1
Year Built 1968
Tenancy Single
Clear Ceiling Height 16 ft
Level Access Doors 2

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 332204-9170
  • 332204-9218
Land Assessment
£816,554
Improvements Assessment
£712,431
Total Assessment
£1,528,985

zoning

Zoning Code CB (Community Business)
CB (Community Business)
  • Listing ID: 33056702

  • Date on Market: 04/09/2024

  • Last Updated:

  • Address: 27500 16th Ave S, Federal Way, WA 98003

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