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14640 172nd Dr SE
Monroe, WA 98272
Monroe Business Center · Industrial Property For Sale

PROPERTY FACTS

Property Type Industrial
Property Subtype Manufacturing
Building Class C
Lot Size 1.49 AC
Rentable Building Area 41,020 SF
No. Stories 1
Year Built 1993
Tenancy Single
Parking Ratio 1.69/1,000 SF
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 5
Zoning LI

ABOUT 14640 172ND DR SE , MONROE, WA 98272

The Deluxe Small Business Sales building is a 41,020 square foot single-tenant net-leased freestanding industrial building in Monroe, Washington (Seattle MSA) near Everett, Seattle and Bellevue. The building is divided into 12,463 square feet of office and 28,557 square feet of warehouse space. The building is 100% occupied by Deluxe Small Business Sales, Inc., which is a wholly owned subsidiary of Deluxe Corporation, a publicly traded Fortune 1000 firm. Deluxe generated $1.8 billion worth of sales in 2015. The tenant has been at this location since 1993 and the company recently signed a 38 month lease renewal option which expires February 29, 2020. In addition, there is one 3-year option at market rent and annual 2.5% increases. The property is located near United States Route 2 and State Route 522, which provides easy access to Interstate 5 and Interstate 405.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
008053-000-009-00
Land Assessment
$1,262,200
Improvements Assessment
$6,161,800
Total Assessment
$7,424,000
  • Listing ID: 4778081

  • Date on Market: 11/1/2016

  • Last Updated:

  • Address: 14640 172nd Dr SE, Monroe, WA 98272

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