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Renton Plaza

Off-Market

1400 Talbot Road South, Renton, WA 98055

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

  • Property Type Office - General Office
  • Property Size 32,000 SF
  • Lot Size 1.33 Acre
  • Parking Spaces Avail. 144
  • Parking Ratio 4.50/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1985

Location

  • City Renton, WA
  • Neighborhood Benson
  • Zip Code 98055
  • 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 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.

  • 2020 Avg. Asking Rent $45.04
  • 2020 Office Vacancy Rate 35.17%
  • 2020 Office Completions (SF) 150,000
View more Renton market trends

Tax

  • Property Tax in 2022 $75,416
  • Market Value* $7,083,000
  • Assessed Value $7,083,000

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 Renton Plaza?

Renton Plaza totals 32,000 square feet.

When was this property built?

Renton Plaza was built in 1985.

What is the property tax for Renton Plaza?

The property tax for Renton Plaza in 2022 was $75,416.

What is the market value for Renton Plaza?

The market value* for Renton Plaza in 2022 was $7,083,000.
*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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