Sumner West Logistics Center_Property for Sale
Sumner West Logistics Center_Property for Sale

Sumner West Logistics Center

3101 West Valley Highway East, Sumner, WA 98390

Asset Description

JLL Industrial Capital Markets, as exclusive advisor, is pleased to present the opportunity to acquire the fee-simple interest in Sumner West Logistics Center (the ‘Property’) – an institutional quality, Class A industrial project totaling 264,344 square feet on 12.22 acres in the Sumner submarket, one of the most desirable core industrial submarkets in Seattle.


Situated along SR 167, Sumner West Logistics Center boasts unparalleled access to the greater Seattle metro and the following key transportation nodes: Seattle International Airport (SEA); I-5, SR 512, 18 410, and 84; and both the Port of Seattle and Port of Tacoma.


Sumner West Logistics Center is 100% leased to Crane Worldwide Logistics through July of 2030 with a weighted average lease term of 5.3* years remaining. Built in 2008, the Property features 30’ clear heights, a secured fenced-in site, 180’ minimum truck courts, 19 dock levelers, 38 total dock high doors, and 2 grade level doors.


Sumner West Logistics Center checks all the boxes and is an exceptional opportunity for investors to acquire a Property in the Puget Sound with stable in-place cash flow from a high-profile logistics tenant, modern features and upgrades that exceed submarket standards, and strong historical occupancy of corporate tenants.

...

Attributes

Building area net
24,558 m²
Land area gross
4.95 ha
Occupancy
100%
Year built
2008
WALT
5.3 years
Number of loading docks
38
Grade level doors
2

Media

Investment Highlights

  • Rare critical mass opportunity
  • Steady in-place cash flow
  • Limited competing supply
  • Committed tenancy
  • Proven track record of high occupancy
  • Highly sought-after submarket
Sumner West Logistics Center 4_Property for Sale
Sumner West Logistics Center 4_Property for Sale

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Sumner West Logistics Center (0 Properties)

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Last updated
13 Jan 2025