700 Renton Village PlRenton, WA 98057

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 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.

• 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

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

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