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Former Budget Rent a Car Building 720 S Forest St 11,500 SF of Industrial Space Available in Seattle, WA 98134



Sublease Highlights
- 11,500 SF industrial building featuring garage/service, storage, and office areas.
- Five oversized 16-foot drive-in doors and 20-foot clear height for operational efficiency.
- 25,000 SF fenced and lighted yard with divisibility for flexible usage.
- Immediate access to I-5, Airport Way S, Spokane St, and proximity to the Port of Seattle.
Features
All Available Space(1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Build-Out
- Available
- Sublease space available from current tenant
- Includes 3,200 SF of dedicated office space
- Lease rate does not include utilities, property expenses or building services
- 5 Drive Ins
| Space | Size | Term | Rental Rate | Space Use | Build-Out | Available |
| 1st Floor | 11,500 SF | Jul 2028 | $18.00 /SF/YR $1.50 /SF/MO $207,000 /YR $17,250 /MO | Industrial | Full Build-Out | 30 Days |
1st Floor
| Size |
| 11,500 SF |
| Term |
| Jul 2028 |
| Rental Rate |
| $18.00 /SF/YR $1.50 /SF/MO $207,000 /YR $17,250 /MO |
| Space Use |
| Industrial |
| Build-Out |
| Full Build-Out |
| Available |
| 30 Days |
1st Floor
| Size | 11,500 SF |
| Term | Jul 2028 |
| Rental Rate | $18.00 /SF/YR |
| Space Use | Industrial |
| Build-Out | Full Build-Out |
| Available | 30 Days |
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Includes 3,200 SF of dedicated office space
- 5 Drive Ins
Property Overview
Situated in Seattle’s SODO neighborhood, 720 S Forest St provides an industrial facility with excellent functionality and yard space for storage and operations. The building features approximately 11,500 SF, including 5,160 SF of garage/service space, 3,150 SF of parts storage, and 3,200 SF of office area. With five oversized 16-foot drive-in doors and a clear height of 20 feet, the property is well-suited for distribution, logistics, automotive, or service-oriented operations. The property includes a fenced and lighted 25,000 SF yard, offering flexibility for outdoor storage or vehicle parking. Additional features include a two-ton bridge crane, wash bay, and showers, enhancing operational convenience. Sublease terms run through July 31, 2028, with an option for an additional five years, providing long-term occupancy security. The site is positioned near major transportation corridors including I-5, Airport Way S, and Spokane St, ensuring convenient access to Seattle’s core, the Port of Seattle, and regional distribution routes. Immediate availability makes this a rare opportunity to secure a functional industrial facility with substantial yard space in the high-demand SODO submarket.



