Map pin6701-6749 E Marginal Way S, Seattle, WA, 98108-3406, US

Seattle Distribution Center

Seattle Distribution Center_Property for Sale


Building area net
16,197 m²
Year built
Land area net
2.87 ha
1.88 years
Number of units
10 units
Number of buildings

Asset Description

JLL Industrial Capital Markets, as exclusive advisor, is pleased to present the opportunity to acquire the fee-simple interest in Seattle Distribution Center (the ‘Property’) – an institutional quality two-building light industrial park totaling 174,341 square feet on 7.10 acres in the Georgetown/Duwamish South submarket, one of the most desirable core infill industrial submarkets in Seattle.


The two-building business park strategically located within the Georgetown/Duwamish South submarket, offering immediate access to I-5, SR-509, SR-99, and is in close proximity to the Port of Seattle, Seattle-Tacoma International Airport, and the downtown central business district, providing tenants with unparalleled connectivity to the entire Seattle metro area. Currently leased to nine diversified tenants across six different industries with 1.88 years of WALT, Seattle Distribution Center offers the opportunity to increase NOI by 37% over the course of a 4-year hold. The advantage of smaller suite sizes ranging from ±6,000 to ±39,000 square feet, coupled with shorter lease terms, allows for frequent mark-to-market upon tenant roll. Within the first three years, 60% of the RSF is expected to roll to market, providing significant potential for capturing increased rental rates. The Property offers a remarkable investment opportunity, featuring two well-maintained institutional quality assets in one of the hottest industrial markets on the West Coast.

For Investment Sales & Advisory, please contact

James "Buzz" Ellis, SIOR

Managing Director

+1 503 680 5100

Licensed in OR

Mark Detmer

Senior Managing Director

+1 602 448 0900

Licensed in CA, AZ, NV

Chris Spofford

Senior Managing Director

+1 425 890 6961

Licensed in WA

David Cahill 

Managing Director 

+1 206 971 7021

Licensed in WA


Investment Highlights

  • Mark-to-market upside
  • Well-maintained institutionally-quality buildings
  • Rare infill opportunity of scale
  • Top performing industrial submarket
  • Discount to replacement cost
  • Robust tenant demand
  • Record breaking rental rates
Seattle Distribution Center 4_Property for Sale
Seattle Distribution Center 4_Property for Sale
Seattle Distribution Center (0 Properties)

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Last updated
25 Mar 2024