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500 Building

500, 7th St, Renton, WA 98057
$11,750,000

Description

500 Building (Status: Available)

500, 7th St, Renton, WA  98057

The 500 SW 7th Building, an attractive opportunity to acquire a multi tenanted, stabilized office investment in Renton, Washington. The property contains 65,753 rentable square feet over two (2) floors.Investment Highlights:› Strategic location with un-congested access to the region’s major freeways: I-5, I-405 and SR-167.› Only minutes from one of the largest Regional Malls in Western Washington: the Westfield Mall at Southcenter.› Numerous dining and business support services within walking distance or a short drive.› In Place Income with tremendous upside: Current NOI is based on current 79% occupancy. However, if fully leased using current market rents, Pro Forma NOI is $907,600 with a 7.7% cap rate.› Functional and flexible design with ample natural light, the property benefits

Listing Details

Asset Class: Office
Year Built: 1967
Building Total Square Feet: 67260
Available Lease Space Square Feet:
Number of Floors: 2
Total Parking Spaces: 296
Local Zoning Information: IM

CBA

Listing Courtesy of: CBRE

Disclaimer: The information contained in this listing has not been verified by Windermere Real Estate/Whatcom, Inc. and should be verified by the buyer.

  • Address: 500, 7th St, Renton, WA 98057
  • City: Renton
  • State/county: WA
  • Zip/Postal Code: 98057
  • Neighborhood: Tukwila
  • Country: United States

Detail

Updated on August 13, 2022 at 1:16 am

  • Property ID: 654537
  • Price: $11,750,000.00/For Sale
  • Property Size: 67260 Sq Ft
  • Property Type: Office
  • Property Status: Available

Contact info

Windermere Commercial
Windermere Commercial
360-676-5900

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