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6122 South 228th Street

Off-Market

6122 South 228th Street, Kent, WA 98032

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  • Property Type Industrial - Manufacturing
  • Property Size 50,006 SF
  • Lot Size 2.46 Acre
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 2003

Location

  • City Kent, WA
  • Neighborhood Industrial
  • Zip Code 98032
  • Market Seattle

Contacts

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Owner

  • True Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 16 May, 2003
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Kent

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Kent Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $24.59
  • 2020 Office Vacancy Rate 9.21%
  • 2020 Office Completions (SF)
View more Kent market trends

Tax

  • Property Tax in 2022 $81,056
  • Market Value* $7,152,700
  • Assessed Value $7,152,700

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 6122 South 228th Street?

6122 South 228th Street totals 50,006 square feet.

When was this property built?

6122 South 228th Street was built in 2003.

When was 6122 South 228th Street last sold?

6122 South 228th Street was last sold on 16 May, 2003.

What is the property tax for 6122 South 228th Street?

The property tax for 6122 South 228th Street in 2022 was $81,056.

What is the market value for 6122 South 228th Street?

The market value* for 6122 South 228th Street in 2022 was $7,152,700.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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