Property Details
17265 SE Wax Road Road #E
Kent, WA 98042
$719,900
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Property Overview
Fantastic office space! This is a turnkey space for the for the right user. Quality build out & tenant improvements were completed in 2022. Unit features a comfortably sized waiting room/reception office, 6 separate office spaces, and a large break room and bathroom. Interior is finished out with attractive knotty alder door & trim package, vinyl plank flooring, and custom cabinetry. Don't miss this opportunity in the high density sector of Covington!
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Active
County
King
Neighborhood
Covington
Listed
Jun 4, 2026
Structure Type
Office
Parcel Number
0245600050
Tax & HOA
Annual Property Tax
$5,165 (2025)
Est. Monthly Tax
$430/mo
HOA Fee
$7,600/annually
Financial Summary
Cap Rate
6.00%
Net Operating Income
$43,275
Gross Scheduled Income
$59,640
Gross Rent Multiplier
12.07
Total Actual Rent
$4,970/mo
Building & Use
Building Sq Ft
1,511
Total Units
1
Sq Ft Rented
1,511
Lot Size
1.53 acres
Year Built
2011
Exterior & Lot
Lot Size
1.53 sqft
Year Built
2011
Exterior Materials
Stone, Stucco
Sewer
Sewer Connected
Water Source
Public
Exterior Features
Stone, Stucco
Community & Access
Directions
17265 SE Wax Rd. Covington
Location
City
Kent
County
King
Coordinates
47.35522, -122.10981
Additional Information
Tax Year
2025
Annual Taxes
$5,165
Possession
Array
Based on information submitted to the MLS GRID as of June 19, 2026 6:45 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
