6015 180th St NE - Distribution FOR SALE


Arlington, WA 98223
$23,250,000 USD
425-417-7983
6015 180th St NE, Arlington, WA for Sale
$23,250,000 USD
Distribution - FOR SALE
1/7
null | Request Cap Rate

6015 180th St NE
Arlington, WA 98223


HIGHLIGHTS

  • Class A Industrial Building
  • Strategic Location
  • Flexible Asset
  • 100% Leased to 6 Tenants
  • Favorable Market Fundamentals
  • Strong Industrial Market

OVERVIEW

The 180th Street Business Park offering consists of a 98,547 SF industrial building situated on 5.97 acres. The Property is fully leased to 6 tenants and is located with convenient access from I-5 via State Route 531/172nd Street NE. With 82% lease rollover in 2027-2028, a new owner will be able to take advantage of the rent growth that has occurred over the last eight years in the Arlington/Marysville industrial submarket. Market fundamentals are strengthening and rental growth is expected to continue, which will further enhance the ability to achieve record rental rates.

FOR SALE DETAILS

PRICE

$23,250,000 USD

PRICE/SF

$236 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

UTILITIES

-

CLEAR CEILING HT

24 Ft

DOCKS

22

DRIVE INS

9

PARKING SPACES

-

LAND DETAILS

LAND ACRES

33.8

LAND SF

1,472,328

ZONING

General Industrial

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Chris Peterson - SIOR, CCIMLee & Associates Commercial Real Estate ServicesMore Info
425-417-7983

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Chris Peterson - SIOR, CCIMLee & Associates Commercial Real Estate ServicesMore Info
425-417-7983

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