950 Andover Park E - Flex FOR SALE


Tukwila, WA 98188- Tukwila Urban Center
$8,900,000 USD
253-444-3023
950 Andover Park E, Tukwila, WA for Sale
$8,900,000 USD
Flex - FOR SALE
1/10
null | Request Cap Rate

950 Andover Park E
Tukwila, WA 98188
Tukwila Urban Center


OVERVIEW

950 Andover Park E has been reintroduced to the market with a dramatically different pricing strategy. Ownership has made a significant adjustment to reflect today's market, creating a compelling opportunity for owner-users, investors, and developers who may have previously overlooked the property. If you've evaluated this building before, now is the time to take another look. Strategically positioned in the heart of Tukwila's premier industrial and commercial district, 950 Andover Park E provides immediate access to the region's most important transportation corridors. Its central location allows businesses to efficiently serve Seattle, Bellevue, the Eastside, Tacoma, and Sea-Tac Airport while benefiting from one of the most established industrial markets in the Pacific Northwest. - Signalized corner location with outstanding visibility - Immediate access to I-5, I-405, SR-167 and Sea-Tac Airport - Flexible building layout suitable for industrial, showroom, office or flex users - Strong loading ratio with eight total loading doors - Recent capital improvement with a newer roof - Flexible zoning allowing a variety of commercial and industrial uses - Rare opportunity to control a large footprint in the Southcenter/Tukwila market - Vacant building available immediately for occupancy. - No below-market leases limiting upside. No tenant issues.

FOR SALE DETAILS

PRICE

$8,900,000 USD

PRICE/SF

$216 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Prime Tukwila Industrial/Flex

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

UTILITIES

-

CLEAR CEILING HT

16.166666666666668 Ft

DOCKS

1

DRIVE INS

7

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.84

LAND SF

80,150

ZONING

TUC-WP

APN/PARCEL ID

262304-9105

ASK ABOUT THIS PROPERTY

Andrew HullLee & Associates Commercial Real Estate ServicesMore Info
253-444-3023

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Andrew HullLee & Associates Commercial Real Estate ServicesMore Info
253-444-3023

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