705 SW 7th Street

Off-Market

705 SW 7th Street, Renton, WA 98057

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Industrial - Manufacturing
  • Property Size 127,500 SF
  • Lot Size 4.74 Acre
  • Parking Spaces Avail. 63
  • Parking Ratio 0.50 / 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class C
  • Year Built 1969

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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Brokers

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Documents

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Sales

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

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Renton

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 Renton Office Market

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

  • 2022 Avg. Asking Rent $46.62
  • 2022 Office Vacancy Rate 31.95%
  • 2022 Office Completions (SF)

Renton Office Sales Trends

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

  • 2022 Avg. Price per SF $173.41
  • Y-o-Y Avg. PpSF Change 22.70%
  • 2022 Office Sales Volume $95.1M
  • 2022 Number of Transactions 4
View more Renton market trends

Location

Getting Around

  • Walk Score ®

    60/100 Somewhat Walkable
  • Transit Score ®

    51/100 Good Transit
  • Bike Score ®

    48/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Renton, WA
  • Neighborhood Valley
  • Zip Code 98057
  • Market Seattle

Points of Interest

  • Tukwila

    1.09 miles

  • Uber Pickup Zone

    1.86 miles

  • Tukwila International Boulevard

    2.92 miles

  • SeaTac/Airport

    3.79 miles

  • N Station

    3.94 miles

  • D Station

    3.98 miles

  • Capital Aeroporter Airport Shuttle

    4.02 miles

  • C Station

    4.05 miles

  • A Station

    4.07 miles

  • Rainier Beach

    4.20 miles

  • Blink

    0.14 miles

  • Speedway Express

    0.42 miles

  • Shell

    0.44 miles

  • Chevron

    0.56 miles

  • Chevron

    0.57 miles

  • Fred Meyer Gas

    0.59 miles

  • Blink

    0.64 miles

  • Shell

    0.66 miles

  • Safeway

    0.71 miles

  • Arco

    0.82 miles

  • Renton Fred Meyer Park & Ride

    0.55 miles

  • City View Church Park & Ride

    0.61 miles

  • South Renton Park & Ride

    0.64 miles

  • Bank of America

    1.02 miles

  • City Center Parking Garage

    1.02 miles

  • Service Linen Supply Parking

    1.05 miles

  • WIAA Parking

    1.05 miles

  • Tukwila Station Park & Ride

    1.15 miles

  • First Financial Northwest Bank Employee Parking

    1.18 miles

  • Lot E7

    1.50 miles

  • Euro Slice Deli

    0.20 miles

  • Spice King

    0.21 miles

  • Jimmy Mac's Roadhouse

    0.38 miles

  • Pho 88

    0.39 miles

  • Popeyes

    0.42 miles

  • Sonic

    0.42 miles

  • The Best Pho & Thai Restaurant

    0.44 miles

  • Domino's

    0.46 miles

  • Ono Teriyaki

    0.46 miles

  • King Buffet

    0.47 miles

  • DK Market

    0.21 miles

  • Walmart Supercenter

    0.31 miles

  • Fred Meyer

    0.48 miles

  • Uwajimaya

    0.74 miles

  • Safeway

    0.78 miles

  • River Valley Cheese

    1.11 miles

  • JCPenney

    1.70 miles

  • Macy's

    1.76 miles

  • Macy's Backstage

    1.77 miles

  • Westfield Southcenter

    1.77 miles

  • Rainier Clinical Research Center

    0.24 miles

  • Seattle Cancer Treatment and Wellness Center

    0.49 miles

  • Northwest Kidney Centers

    0.49 miles

  • Passport Health Renton Travel Clinic

    0.60 miles

  • Walgreens

    0.66 miles

  • Cedar River Clinics

    0.67 miles

  • Rite Aid

    0.75 miles

  • Renton Fire Station 14

    0.77 miles

  • HealthPoint Community Health Center

    0.82 miles

  • Prime Pharmacy

    0.95 miles

Frequently Asked Questions

What is the total square footage of 705 SW 7th Street?

705 SW 7th Street totals 127,500 square feet.

When was this property built?

705 SW 7th Street was built in 1969.

What is the property tax for 705 SW 7th Street?

The property tax for 705 SW 7th Street in 2024 was $257,577.

What is the market value for 705 SW 7th Street?

The market value* for 705 SW 7th Street in 2024 was $24,521,600.

*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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