Kent, Washington offers a diverse range of Office Properties For Sale, making it an attractive investment opportunity for those looking to capitalize on the city's strong economy and growing population of around 130,000. Office Properties in Kent can represent a variety of investments, from single-story buildings to multi-story complexes, each offering unique benefits and opportunities. With its proximity to Seattle and Bellevue, Kent has become a hub for commuters, making Office Properties an attractive option for businesses and entrepreneurs. The city's infrastructure, including State Route 167 and Interstate 5, provides easy access to major transportation routes, while its park system, featuring 73 parks and green spaces, offers a desirable quality of life for employees and residents alike. Additionally, Kent is home to a number of major corporations, including Oberto Sausage Company, Seattle Bicycle Supply, and Blue Origin, making it an ideal location for businesses looking to establish a presence in the area.
Kent's Office Properties For Sale offer a range of options, with 4 listings available, featuring an average price per square foot of $372 USD and an average size of 9,072 square feet. The largest Office Property available is 14,403 square feet, providing ample space for businesses of all sizes. In addition to Office Properties, Kent also offers a range of other commercial real estate options, including Commercial Real Estate, Apartment Buildings, Shopping Centers, and Hotels. The city's Commercial Real Estate market is driven by its strong economy and growing population, making it an attractive option for investors. Apartment Buildings in Kent offer a range of options, from luxury complexes to affordable housing, catering to the city's diverse population. Shopping Centers in Kent provide a convenient location for retailers, with easy access to major transportation routes and a growing customer base. Hotels in Kent offer a range of options for travelers, from budget-friendly options to luxury accommodations, making it an ideal location for those visiting the area.
What is the average price per square foot for office properties in Kent?
The average price per square foot for office properties in Kent is $372 USD, with 4 available listings, ranging in size from 9,072 square feet to 14,403 square feet, and offering an average cap rate of 6.35%.
What should I know about office property classifications (Class A, B, C)?
When searching for office properties for sale in Kent, it's essential to understand the classification system, which categorizes properties based on their quality, amenities, and location, to make an informed decision.
- Class A office properties are typically high-rise buildings with modern amenities, prime locations, and high-quality finishes, attracting top-tier tenants and commanding higher rental rates.
- Class B office properties offer functional space with standard amenities, often located in decent areas, and are suitable for a wide range of tenants, providing a balance between quality and affordability.
- Class C office properties are typically older buildings with limited amenities, located in less desirable areas, and are often priced lower, making them suitable for startups, small businesses, or those on a tight budget.
