400 Boundary Blvd - Warehouse FOR SALE


Algona, WA 98001 | 
$16,900,000 USD
253-380-2390
400 Boundary Blvd, Algona, WA for Sale
$16,900,000 USD
Warehouse - FOR SALE
1/5
null | Request Cap Rate

400 Boundary Blvd
Algona, WA 98001


HIGHLIGHTS

  • Freestanding industrial facility with concrete tilt construction and metal roof.
  • Direct access to SR-167 and SR-18 for regional distribution connectivity.
  • Includes dock-high loading and a drive-in door for operational flexibility.
  • Surplus trailer stalls support fleet and logistics requirements
  • M1 zoning accommodates a variety of industrial business uses.
  • Convenient access to the Port of Tacoma, Port of Seattle, and SeaTac Airport.

OVERVIEW

400 Boundary Blvd presents an opportunity to acquire a freestanding industrial facility in Algona, Washington, a strategically positioned South King County industrial market with direct access to State Route 167 and State Route 18. The property's location provides efficient connectivity to major regional logistics infrastructure, including the Port of Tacoma, Port of Seattle, Seattle-Tacoma International Airport, and the greater Seattle metropolitan area, supporting a wide range of distribution, manufacturing, and warehouse operations. The facility contains approximately 65,100 square feet and is situated on 5.65 acres with concrete tilt-wall construction and a metal roof. The property includes office space, mezzanine storage, dock-high loading, a drive-in door, and an H3 room within a portion of the warehouse area. The site also benefits from surplus trailer stalls, supporting vehicle storage and operational flexibility. M1 zoning within the City of Algona allows for a variety of industrial uses, enhancing the property's long-term utility and potential occupancy profile. Its combination of building functionality, site area, and transportation access positions the asset to serve regional distribution networks, manufacturing users, logistics operators, and owner-users seeking proximity to key freight corridors. The property's access to major highways and transportation hubs supports efficient movement of goods throughout the Puget Sound region and beyond, while the trailer parking capacity and loading configuration provide practical advantages for industrial operations.

FOR SALE DETAILS

PRICE

$16,900,000 USD

PRICE/SF

$260 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1992

UTILITIES

-

CLEAR CEILING HT

24 Ft

DOCKS

2

DRIVE INS

1

PARKING SPACES

47

LAND DETAILS

LAND ACRES

1.68

LAND SF

73,181

ZONING

M1

APN/PARCEL ID

030151-0010,030151-0020,030151-0030,030151-0040

ASK ABOUT THIS PROPERTY

Monte DeckerCBREMore Info
253-380-2390

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Monte DeckerCBREMore Info
253-380-2390

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.