Property Details

2505 Airport Way S

Seattle, WA 98134

$6,250,000

Off Market

CBA# 713622 courtesy of CBA Listing firm: Jones Lang LaSalle

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Industrial

Property Type

20,060

Bldg Sq Ft

1958

Year Built

Property Overview

Rare opportunity to purchase 2505 Airport Way South-Seattle (“the Property”), a fully leased, 20,060 square foot office and distribution facility located on the key arterial, Airport Way South, in the SODO industrial submarket of Seattle, WA.The property is leased to a single tenant, a leading wholesale distributor for HVAC equipment, which has been in the facility since 2007. This dock-high and drive-in served facility features on site truck maneuvering, on-site auto parking, exposure to Airport Way South customers and immediate access to I-5, I-90, Ports of Seattle and Seattle CBD. The existing lease expires December 31, 2028, with triple net, market rent and 3.25% annual escalations.