707 Grady WayRenton, WA 98057

  • Office properties
  • 142,631 SF
For Lease
$24/SF/YR View listing

Property Details for 707 Grady Way

Year built
1986
Construction
CONCRETE
Lot size
7.48 AC
Property size (Sq ft)
142,631 SF
Zone code
CO
Property type
Office properties
Property subtype
Office buildings
APN
192305-9023
APU
1923059023

Description

Located in Renton, Washington, 707 S. Grady Way Suite 600, this Class A office building, Triton Towers Three, offers a diverse range of workspace solutions. With a total of 20,064 square feet, the building boasts 350 suites, providing flexibility for businesses of all sizes. The property is ideal for executive offices, coworking spaces, and creative office setups, catering to various professional needs. Units range from a minimum of 10 square feet to a maximum contiguous space of 1,300 square feet, allowing for customization to suit specific requirements. Currently, 5,970 square feet of space is available. The building underwent renovations in 2019, ensuring modern amenities and a comfortable work environment. Conveniently located in King County, Washington, with a zip code of 98057, the building features elevators for easy access to all floors. This prime location offers businesses the opportunity to establish a presence in a thriving area, with the flexibility to tailor their workspace to perfectly match their operational needs, from a single desk to over 100. The building's modern design and amenities create a professional, inspiring, and collaborative atmosphere, fostering productivity and team success.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $28,005,666
    6.5%
    $25,851,384
    7%
    $24,004,856
  • Comparable approach

    Method
    Valuation
    Relative Method
    $36,357,296
    Geo Method
    $27,467,878
  • Alternative Use

    Use
    Valuation
    Residential
    $32,055,716
    Hospitality
    $29,362,862
    Educational
    $24,429,558
    Medical
    $25,269,728
    Retail
    $38,001,532
707 Grady Way, Renton, Washington

Location Insight

City
Renton
County
King
State
Washington
Latitude
47.4716
Longitude
-122.21
CBSA code
42660
CBSA name
SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$233,503
$8,632,300
$14,500,700
$23,133,000
-
$8,632,300
$14,500,700
$23,133,000

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