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Fife Business Center 2 Flex Properties in Fife, WA
Investment Highlights
- Diversified income stream supported by 22 tenants and 96% occupancy.
- Located near the Port of Tacoma and Seattle-Tacoma International Airport.
- Multi-tenant small-bay industrial configuration serves a broad tenant base.
- Immediate access to Interstate 5 and State Route 167.
- Features 34 grade-level loading doors and a secured yard area.
- Staggered lease expirations provide leasing flexibility and cash flow continuity.
Executive Summary
Fife Business Center presents an opportunity to acquire a multi-tenant industrial asset in the Fife industrial submarket, one of the Puget Sound region’s established logistics and distribution locations. The property consists of two industrial buildings situated on approximately 3.95 acres and is currently 96% leased to 22 tenants, providing diversified income from a broad tenant roster. The rent roll features staggered lease expirations and contractual rent increases that support ongoing cash flow while creating future leasing and asset management opportunities.
The property's location provides immediate access to Interstate 5 and State Route 167, connecting occupiers to major population centers throughout the Seattle-Tacoma region. The asset also benefits from proximity to the Port of Tacoma and Seattle-Tacoma International Airport, supporting distribution, service, manufacturing, and contractor-oriented users that value regional and international connectivity. Functional industrial features include a secured yard area, efficient ingress and egress, and 34 grade-level loading doors serving the multi-tenant configuration. Combined with the region's continued demand for smaller industrial spaces, the property's established tenancy, transportation access, and flexible industrial layout position it as a compelling acquisition opportunity within the Fife market.
The property's location provides immediate access to Interstate 5 and State Route 167, connecting occupiers to major population centers throughout the Seattle-Tacoma region. The asset also benefits from proximity to the Port of Tacoma and Seattle-Tacoma International Airport, supporting distribution, service, manufacturing, and contractor-oriented users that value regional and international connectivity. Functional industrial features include a secured yard area, efficient ingress and egress, and 34 grade-level loading doors serving the multi-tenant configuration. Combined with the region's continued demand for smaller industrial spaces, the property's established tenancy, transportation access, and flexible industrial layout position it as a compelling acquisition opportunity within the Fife market.
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 65,342 SF |
| Number of Properties | 2 | Total Land Area | 2.49 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 65,342 SF |
| Total Land Area | 2.49 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Bldg B
4630 16th St E, Fife, WA 98424 |
Flex | 48,327 SF | 1979 | - |
|
Bldg A
4624 16th St E, Fife, WA 98424 |
Flex | 17,015 SF | 1979 | - |
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