700 Renton Village PlRenton, WA 98057

  • Office properties
  • 143,068 SF
For Lease
$24/SF/YR View listing

Property Details for 700 Renton Village Pl

Year built
1986
Construction
CONCRETE
Lot size
6.24 AC
Property size (Sq ft)
143,068 SF
Zone code
CO
Property type
Office properties
Property subtype
Office buildings
APN
192305-9001
APU
1923059001

Description

Triton Tower Two, a Class B office building located at 700 S Renton Village Pl, Renton, WA 98057, offers exceptional office space for lease. This seven-story building, constructed in 1986 and renovated in 1995, boasts a total of 143,068 square feet. The property is zoned CO and sits on a 6.24-acre lot in King County. Multiple tenancy options are available, with spaces ranging from a minimum of 888 square feet to a maximum contiguous space of 12,484 square feet. Currently, 21,635 square feet of space is vacant. The building provides ample parking with 900 spaces available for tenants and visitors. Triton Tower Two is ideally suited for both executive and medical office uses, offering a versatile and convenient location in Renton. This property presents a unique opportunity to secure high-quality office space in a well-maintained building with convenient amenities and ample parking. Inquire today to learn more about available spaces and lease terms.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $28,091,470
    6.5%
    $25,930,588
    7%
    $24,078,404
  • Comparable approach

    Method
    Valuation
    Relative Method
    $36,468,688
    Geo Method
    $27,552,036
  • Alternative Use

    Use
    Valuation
    Residential
    $32,153,930
    Hospitality
    $29,452,826
    Educational
    $24,504,406
    Medical
    $25,347,150
    Retail
    $38,117,964
700 Renton Village Pl, Renton, Washington

Location Insight

City
Renton
County
King
State
Washington
Latitude
47.4703
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
$162,707
$7,208,500
$8,229,500
$15,438,000
-
$7,208,500
$8,229,500
$15,438,000

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