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7235 South 228th Street - Availability Details

Off-Market

7235 South 228th Street, Kent, WA 98032

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 41,201 SF
  • Lot Size 9.52 Acre
  • Building Class B
  • Year Built 1985

Location

  • City Kent, WA
  • Neighborhood North Park
  • Zip Code 98032
  • Market Seattle

Contacts

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Owner

  • True Owner

Brokers

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Documents

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Sales

  • Purchase Date 14 Feb, 2014
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Kent

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Kent Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $24.59
  • 2020 Office Vacancy Rate 9.21%
  • 2020 Office Completions (SF)

Tax

  • Property Tax in 2022 $99,752
  • Market Value* $8,802,500
  • Assessed Value $8,802,500

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.