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Park East Office Building

Off-Market

130 Andover Park East, Tukwila, WA 98188

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  • Property Type Office - General Office
  • Property Size 33,175 SF
  • Lot Size 1.85 Acre
  • Parking Spaces Avail. 132
  • Parking Ratio 4.00/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1970

Location

  • City Tukwila, WA
  • Neighborhood Tukwila
  • Zip Code 98188
  • Market Seattle

Contacts

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Owner

  • True Owner

Brokers

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Documents

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Sales

  • Purchase Date 30 Dec, 2019
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Tukwila

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 Tukwila Office Market

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

  • 2020 Avg. Asking Rent $24.97
  • 2020 Office Vacancy Rate 18.19%
  • 2020 Office Completions (SF)
View more Tukwila market trends

Tax

  • Base Tax $54,141
  • Current Tax $46,334
  • Market Value* $4,350,700
  • Assessed Value $4,350,700

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 Park East Office Building?

Park East Office Building totals 33,175 square feet.

When was this property built?

Park East Office Building was built in 1970.

When was Park East Office Building last sold?

Park East Office Building was last sold on 30 Dec, 2019.

What is the market value for Park East Office Building?

The market value* for Park East Office Building in 2022 was $4,350,700.
*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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