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6015 180th St NE 98,539 SF 100% Leased Industrial Building Arlington, WA 98223 $32,801,565 CAD ($332.88 CAD/SF)
Investment Highlights
- Class A Industrial Building
- Flexible Asset
- Favorable Market Fundamentals
- Strategic Location
- 100% Leased to 6 Tenants
- Strong Industrial Market
Executive Summary
The 180th Street Business Park offering consists of a 98,547 SF industrial building situated on 5.97 acres. The Property is fully leased to 6 tenants and is located with convenient access from I-5 via State Route 531/172nd Street NE. With 82% lease rollover in 2027-2028, a new owner will be able to take advantage of the rent growth that has occurred over the last eight years in the Arlington/Marysville industrial submarket. Market fundamentals are strengthening and rental growth is expected to continue, which will further enhance the ability to achieve record rental rates.
Property Facts
| Price | $32,801,565 CAD | Rentable Building Area | 98,539 SF |
| Price Per SF | $332.88 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 2019 |
| Property Type | Industrial | Clear Ceiling Height | 24’ |
| Property Subtype | Distribution | No. Dock-High Doors/Loading | 22 |
| Building Class | B | No. Drive In / Grade-Level Doors | 9 |
| Lot Size | 33.80 AC | Opportunity Zone |
Yes
|
| Zoning | General Industrial - General Industrial - City of Arlington | ||
| Price | $32,801,565 CAD |
| Price Per SF | $332.88 CAD |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | B |
| Lot Size | 33.80 AC |
| Rentable Building Area | 98,539 SF |
| No. Stories | 1 |
| Year Built | 2019 |
| Clear Ceiling Height | 24’ |
| No. Dock-High Doors/Loading | 22 |
| No. Drive In / Grade-Level Doors | 9 |
| Opportunity Zone |
Yes |
| Zoning | General Industrial - General Industrial - City of Arlington |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Contacts
-
Chris Peterson - SIOR, CCIM -
Richard Peterson -
Ryan Aleinikoff -
Chester March -
Lee & Associates Commercial Real Estate Services
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6015 180th St NE
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