For Sale
$1,825,000

6000 Southcenter BlvdTukwila, WA 98188

7,646 SF Office Building, Multi-Tenant, High NOI

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 7,646 square foot Class B office building, located at 6000 Southcenter Blvd in Tukwila, Washington, presents a compelling owner-user opportunity. Priced at $1,825,000, this multi-tenant property boasts a strong pro-forma NOI of $118,726 and a 6.51% pro-forma cap rate, representing a significant return on investment. Situated on a 0.37-acre lot, the building enjoys a prime location near Interstates 5 and 405, offering convenient access to major transportation arteries. Currently, 33% of the rentable space is occupied by eight tenants, generating consistent income. The remaining space provides a substantial opportunity for the new owner to occupy or lease, maximizing the property's potential. The elevated position above Southcenter Ave ensures a tranquil work environment, distinct from the bustling activity below. This is an ideal investment for those seeking a blend of immediate income and future growth potential in a thriving King County location. The building's 7,646 square feet are priced at $238.69 per square foot. The property's zip code is 98188.

Highlights

  • $1,825,000 asking price for a 7,646 SF office building.
  • Located at 6000 Southcenter Blvd, Tukwila, WA 98188.
  • Traditional office building, Class B, multi-tenant.
  • Owner/user investment opportunity with a pro-forma cap rate of 6.51% and NOI of $118,726.
  • 0.37-acre lot size, $238.69 price per square foot.

Property Details for 6000 Southcenter Blvd

Property type
Office properties
Square Feet
7,646 SF
Class
B
Lot Size (sq. ft)
16,117 SF

Location Insight

City
Tukwila
County
King
State
Washington
Latitude
47.463464
Longitude
-122.2577354
6000 Southcenter Blvd, Tukwila, Washington

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6000 Southcenter Blvd
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