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Building 10 11521 E Marginal Way S 31,363 SF 100% Leased Industrial Building Tukwila, WA 98168 $9,150,000 ($291.75/SF)
Investment Highlights
- Prime Tukwila location with excellent access to I-5, I-405, SR 99, and SR 167.
- Functional design with 24-foot clear height, six dock-high doors, and two grade-level doors.
- Close proximity to Seattle-Tacoma International Airport and the Port of Seattle.
- Clear Height 24’
Executive Summary
Gateway North Building 10 presents a rare opportunity to acquire a highly functional industrial asset in the heart of Tukwila’s established business corridor. This 31,363 SF building is strategically positioned with immediate access to I-5, I-405, SR 99, and SR 167, ensuring seamless connectivity to the Seattle metropolitan area. The property is just 10 minutes from Seattle-Tacoma International Airport, 20 minutes from the Port of Seattle, and 25 minutes from Downtown Bellevue, making it an ideal hub for distribution, logistics, and regional operations.
Property Facts
| Price | $9,150,000 | No. Stories | 2 |
| Price Per SF | $291.75 | Year Built | 1996 |
| Sale Type | Investment | Parking Ratio | 2.1/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 24’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 6 |
| Building Class | B | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 2.10 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 31,363 SF | ||
| Zoning | MIC/L - Tukwila, WA | ||
| Price | $9,150,000 |
| Price Per SF | $291.75 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 2.10 AC |
| Rentable Building Area | 31,363 SF |
| No. Stories | 2 |
| Year Built | 1996 |
| Parking Ratio | 2.1/1,000 SF |
| Clear Ceiling Height | 24’ |
| No. Dock-High Doors/Loading | 6 |
| No. Drive In / Grade-Level Doors | 2 |
| Opportunity Zone |
Yes |
| Zoning | MIC/L - Tukwila, WA |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 102304-9076 | Improvements Assessment | $2,812,400 |
| Land Assessment | $2,732,000 | Total Assessment | $5,544,400 |
Property Taxes
Parcel Number
102304-9076
Land Assessment
$2,732,000
Improvements Assessment
$2,812,400
Total Assessment
$5,544,400
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Building 10 | 11521 E Marginal Way S