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114 S Findlay St 5,861 SF Industrial Building Seattle, WA 98108 $1,800,000 ($307.11/SF) 6.08% Cap Rate
Investment Highlights
- 5,861 SF stand-alone warehouse/showroom/office building for sale with fenced yard space
- Leased to a single tenant on a NNN lease until 1/31/2028 with the option for an owner-user to occupy sooner
- Great visiblity with 128 feet of street frontage and centrally located with easy access to I-5 & Hwy 99
- Sale includes 4 parcels totaling 12,800 SF zoned MML U/85
- 12-24 foot ceilings, roll-up loading door, 3-phase power, 3 restrooms, shower, breakroom, small 2nd floor with mix of private offices & open work area
- Excellent hands-off investment with a 6% cap rate or an incredible opportunity for an owner-user
Executive Summary
5,861 SF showroom/warehouse/office building for sale with additional secured yard/storage space. The property consists of 4 parcels totaling 12,800 SF. Currently leased to a single tenant on a NNN lease until 1/31/28; however, tenant will terminate lease early if desired by the buyer. With a seemingly perfect combination of showroom, warehouse and office, the building features 12-24 ft ceilings, 3-phase power, roll-up loading door, clear span warehouse, HVAC in office, mix of private offices and open work space, breakroom/kitchenette, 3 restrooms, shower, storage and tons of off-street parking. Great location with easy access to I-5 and Hwy 99. Excellent investment property or opportunity for an owner-user.
Financial Summary (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- 24 Hour Access
- Controlled Access
- Fenced Lot
- Security System
- Signage
- Skylights
- Reception
- Storage Space
- Air Conditioning
- Fiber Optic Internet
- Breakroom
Utilities
- Lighting
- Gas
- Water - City
- Sewer - City
- Heating - Electric
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Bike Score®
Very Bikeable (73)
Property Taxes
| Parcel Numbers | Total Assessment | $2,431,400 (2024) | |
| Land Assessment | $776,000 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,655,400 (2024) | Tax Year | 2026 Payable 2026 |
Property Taxes
Parcel Numbers
Land Assessment
$776,000 (2024)
Improvements Assessment
$1,655,400 (2024)
Total Assessment
$2,431,400 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026 Payable 2026
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Contact the Sale Advisor
114 S Findlay St
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