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9611 Gravelly Lake Drive SW

Off-Market

9611 Gravelly Lake Drive SW, Lakewood, WA 98499

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  • Property Type Office - General Office
  • Property Size 27,541 SF
  • Lot Size 1.5 Acre
  • Parking Spaces Avail. 107
  • Parking Ratio 3.90/ 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 2007

Location

  • City Lakewood, WA
  • Neighborhood Park Lodge
  • Zip Code 98499
  • Market Seattle

Contacts

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Owner

  • True Owner

Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Lakewood

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 Lakewood Office Market

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

  • 2020 Avg. Asking Rent $22.19
  • 2020 Office Vacancy Rate 3.74%
  • 2020 Office Completions (SF)

Lakewood Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per SF $159.62
  • Y-o-Y Avg. PpSF Change -30.51%
  • 2020 Office Sales Volume $32.1M
  • 2020 Number of Transactions 3
View more Lakewood market trends

Tax

  • Property Tax in 2021 $73,924
  • Market Value* $5,853,000
  • Assessed Value $5,853,000

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 9611 Gravelly Lake Drive SW?

9611 Gravelly Lake Drive SW totals 27,541 square feet.

When was this property built?

9611 Gravelly Lake Drive SW was built in 2007.

What is the property tax for 9611 Gravelly Lake Drive SW?

The property tax for 9611 Gravelly Lake Drive SW in 2021 was $73,924.

What is the market value for 9611 Gravelly Lake Drive SW?

The market value* for 9611 Gravelly Lake Drive SW in 2021 was $5,853,000.
*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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