SELF STORAGE BUILDING FOR SALE

For Sale

15610 SE 272nd St, Kent, WA 98042

This Kent property for sale is located at 15610 SE 272nd St. The general use of SELF STORAGE BUILDING FOR SALE is industrial and it incorporates 50,560 square feet of class A industrial space. SELF STORAGE BUILDING FOR SALE is situated on a lot that is 166,399 square feet in size.

Contacts

broker

Tom de Jong

broker

Jacob Becher

broker

Jack Parkan

broker

Dana Chobor

Property Details

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 50,560 SF
  • Lot Size 166,399 SF
  • Building Class A
  • Date Updated May 3, 2024
Colliers’ de Jong | Becher team, has been retained as the exclusive advisor by the ownership to offer for sale the fee simple interest in the Extra Space Storage 3rd party managed site at 15610 SE 272nd Street, Kent, Washington. The property is comprised of an existing, class A, newly constructed facility of 50,560 net rentable square feet of self-storage in 573 total units plus approved plans for a 3-building expansion adding 42,166 NRSF. This facility will be delivered on an as-is, where-is basis with any contractors’ warranties and is currently in later stages of lease-up in Phase 1. Approved plans for phase 2 are also included in the purchase price. The property is offered on a fee simple basis plus an option for a buyer allocation to goodwill. Offers due Tuesday May 7, 2024. All tours to be coordinated with Nate Fliflet at [email protected].

Sale Note
Market rents in the area are reported by Yardi Matrix as $1.57/SF. In-place income on a trailing-twelve-month basis was reported by Extra Space Storage as $213,318. The property is being offered for sale unpriced based on current market conditions. Property is being offered for sale with phase 1 in late-stage lease-up and includes plans for phase 2 expansion.

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Getting around

  • 49/100

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  • 28/100

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  • 45/100

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Location

  • City Kent, WA
  • Neighborhood Lake Meridian
  • Zip Code 98042
  • Market Seattle

Points of Interest

  • Kent

    4.96 miles

  • Auburn

    5.89 miles

  • Tukwila

    8.58 miles

  • Angle Lake

    8.84 miles

  • Uber Pickup Zone

    9.00 miles

  • S Station

    9.64 miles

  • A Station

    9.68 miles

  • SeaTac/Airport

    9.69 miles

  • B Station

    9.75 miles

  • Capital Aeroporter Airport Shuttle

    9.77 miles

  • Shell

    0.25 miles

  • 76

    0.53 miles

  • Costco Gasoline

    0.67 miles

  • Fred Meyer

    0.67 miles

  • Arco

    1.23 miles

  • 76

    1.28 miles

  • SemaCharge

    1.45 miles

  • Arco

    1.51 miles

  • Blink

    1.53 miles

  • Safeway Fuel Station

    1.59 miles

  • Elephant Car Wash

    0.83 miles

  • Meridian Car Wash

    2.47 miles

  • Glint Car Wash

    2.49 miles

  • Soft Touch Car Wash

    3.78 miles

  • Buff Master Auto Detail

    4.19 miles

  • Brown Bear Car Wash

    4.28 miles

  • Car Wash

    4.35 miles

  • Auburn Detail

    4.42 miles

  • Detail Center

    4.48 miles

  • Enterprise

    4.63 miles

  • Little Caesars

    0.15 miles

  • Puerto Vallarta

    0.67 miles

  • House of Pho

    0.68 miles

  • Wendy's

    0.70 miles

  • Covington Teriyaki

    0.76 miles

  • Teriyaki Wok

    0.77 miles

  • Los Cabos Mexican Restaurant

    0.78 miles

  • Jack in the Box

    0.80 miles

  • Papa Murphy's

    0.84 miles

  • Golden Phoenix

    0.86 miles

In-Depth Research Available for this Property

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