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FOR SALE
$3,500,000 Sale Price | 16,840 SF Building 110 42nd St NW, Auburn, WA High quality, original owner, concrete tilt manufacturing/distribution building that can serve one or two tenants
The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Kidder Mathews and should not be made available to any other person or entity without the written consent of Kidder Mathews.
This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Kidder Mathews has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, Kidder Mathews has not verified, and will not verify, any of the information contained herein, nor has Kidder Mathews conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.
This information has been secured from sources we believe to be reliable. We make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Recipient of this report must verify the information and bears all risk for any inaccuracies.
01EXECUTIVE SUMMARY
02PROPERTY DESCRIPTION
KIDDER.COM
MATT MCLENNAN
Senior [email protected]
EXCLUSIVELY LISTED BY
TABLE OF CONTENTS
3TABS PLUS BUILDING OFFERING MEMORANDUM KIDDER MATHEWS
01EXECUTIVE
SUMMARYTHE OFFERING
INVESTMENT HIGHLIGHTS
BUILDING FEATURES
4TABS PLUS BUILDING OFFERING MEMORANDUM KIDDER MATHEWS
Kidder Mathews is pleased to offer the opportunity to acquire the Tabs Plus building in Auburn, WA.
THE OFFERING
Tabs Plus is a Class A, industrial warehouse property that can serve the needs of manufacturers and distributors. The building will be sold vacant offering an owner/user the ultimate opportunity to acquire high quality strategically located real estate. The building is currently occupied by a single tenant however, infrastructure is already in place to serve a two-tenant scenario including a quality constructed demising wall with
EXECUTIVE SUMMARY
existing pass-through and second office node with separate access and utilities.
Quality owner/user buildings like this rarely hit the market for sale. The Tabs Plus Building has several upgrades in place that should make this a plug and play opportunity for a business to own and operate in a quality industrial building in a core Puget Sound submarket.
PROPERTY OVERVIEW
Address 110 42nd St NW, Auburn, WA
Square Footage16,840 total SF, 2,336 total office SFWarehouse A | 12,990 SF (1,904 SF)Warehouse B | 3,850 SF (432 SF)
Clear Height ±22 - 24'
Land Area 0.98 Acres | 42,580 SF
APN 936000-0085
Year Built 1998
Construction Type Concrete Tilt
Loading Warehouse A | 2 dock-high doors / 1 grade-level doorWarehouse B | 1 grade-level door
Zoning M-1 Light Industrial (City of Auburn)
Price $3,500,000
FULLY insulated
UPGRADED heavy three phase power (exact amperage to be confirmed by buyer)
TWO-TENANT or single tenant design (currently demised with pass-through, separately metered power, and second office space)
DROP-DOWN POWER and air lines throughout primary warehouse space
QUALITY tilt-up construction
ABUNDANT parking
DESIRABLE warehouse to office ratio
BOTH dock and grade level loading
APARTMENT BUILDING OFFERING MEMORANDUM KIDDER MATHEWS 5
BUILDING FEATURES
MAIN ENTRANCE
LOADING DOCKS
WAREHOUSE A OFFICE WAREHOUSE B
TABS PLUS BUILDING OFFERING MEMORANDUM KIDDER MATHEWS 5
6TABS PLUS BUILDING OFFERING MEMORANDUM KIDDER MATHEWS
02PROPERTY
DESCRIPTIONAERIALS
BUILDING & FLOOR PLANS
PROPERTY PHOTOS
N
MARKET AREA
FEDERAL WAY
KENT
AUBURN
TABS PLUS BUILDING OFFERING MEMORANDUM KIDDER MATHEWS 7
DRIVE TIMES
PORT OF SEATTLE
PORT OF TACOMA
FEDERAL WAY
VASHON ISLAND
BURIEN
SEATAC AIRPORT KENT
COVINGTON
SUBJECT PROPERTY
AUBURN
RENTON
SEATTLE
BELLEVUE
N
Port of Seattle 35 Mins 24.8 Miles
Port of Tacoma 37 Mins 14.9 Miles
SeaTac 19 Mins 15.0 Miles
Seattle 28 Mins 23.5 Miles
Federal Way 18 Mins 7.0 Miles
Renton 18 Mins 11.1 Miles
SR-167 5 Mins 1.8 Miles
TABS PLUS BUILDING OFFERING MEMORANDUM KIDDER MATHEWS 8
BUILDING SITE PLAN
OFFICE A (1,904 SF)
WAREHOUSE A (12,990 SF)
WAREHOUSE B (3,850 SF)
OFFICE B (432 SF)
Key
= Dock Door
= Grade Door
= Existing Wall
TABS PLUS BUILDING OFFERING MEMORANDUM KIDDER MATHEWS 9
FLOOR PLANS
OFFICE OFFICE
OFFICE
OFFICELUNCH ROOM
CONFERENCE ROOM
MEN'S ROOM
WOMEN'S ROOM
RECEPTION
MAIN ENTRANCE
This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.
KIDDER.COM
Floor Plan
0000 S KIDDER RD, CITY, STATE 00000
FOR LEASE / SALE
Property Name
8.3
3’
10
.5’
10
’ ±8
’
9.25’
12
.66
’
45
” x
45
” W
IND
OW
45” x 45” WINDOW
11.84’
12.5’
8.6’
ROLL UP BAY DOORWINDOW MAN DOOR
TOTAL AREA 431.49 SF of office/restoom space
PARKING LOT WEST
SO
UT
H W
AL
L
WINDOW
WAREHOUSE A OFFICE WAREHOUSE B OFFICE
OFFICE/FOYER
OFFICE
RESTROOM
OFFICE
12'
12'
12'
22'
12'
12'
5'
10'
8'
4'
11.5'
12' 14
'
12.5
'12
.5'
7'
7'
12'
11.5'11.5'
TABS PLUS BUILDING OFFERING MEMORANDUM KIDDER MATHEWS 10
WEST VIEW NW CORNER
WAREHOUSE A GRADE DOOR
LOADING DOCKS
WAREHOUSE B ENTRANCE
WAREHOUSE A
WAREHOUSE A
WAREHOUSE ATABS PLUS BUILDING OFFERING MEMORANDUM KIDDER MATHEWS 11
LOADING DOCKS
LOOK AT INTERIOR WAREHOUSE A GRADE DOORS
WAREHOUSE BLOOK AT INTERIOR WAREHOUSE A GRADE DOORS
WAREHOUSE B OFFICE
WAREHOUSE B
DEMISING WALL
TABS PLUS BUILDING OFFERING MEMORANDUM KIDDER MATHEWS 12