Windmill Warehouse Park (Status: Available)

2624, 112th St, Lakewood, WA  98499

Built in 1997, the multi-tenant industrial property consists of five insulated metal structures totaling 59,400 square feet, situated on a single, four-acre parcel. Located adjacent to the Joint Base Lewis-McChord Airfield, the subject benefits from immediate access to Interstate-5 and Highway 512.

Each building consists of spaces ranging from 2,400-4,800 square feet. There are currently 15 tenants, over half of which have called the subject home for 5+ years, and all tenants are leased on a triple net basis. With rents substantially lower than the market rate, the short term nature of the leases in place allow for an investor to implement a value-add investment strategy with little to no additional capital expenditure.

Listing Details

Asset Class: Industrial
Year Built: 1997
Building Total Square Feet: 59400
Available Lease Space Square Feet:
Number of Floors: 1
Total Parking Spaces: 0
Local Zoning Information: CZ

CBA

Listing Courtesy of: Marcus & Millichap, Inc.

Disclaimer: The information contained in this listing has not been verified by Pacific Continental Realty, DBA North Sound Commercial and should be verified by the buyer, seller, or tenant.

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