Renton, Washington, is an attractive destination for investors seeking to capitalize on the city's diverse economy and strategic location. Industrial Properties in Renton for sale offer a unique opportunity to tap into the city's strong aerospace and manufacturing sectors, with major employers like Boeing Commercial Airplanes and Paccar's Kenworth Truck plant driving growth. These properties can represent a range of investments, from warehouses and distribution centers to manufacturing facilities and research and development spaces. Renton's proximity to Seattle, its access to major transportation routes, and its highly educated workforce make it an ideal location for businesses seeking to establish a presence in the region. The city's amenities, including the Providence Health System administrative offices, the Renton Public Library, and the Virginia Mason Athletic Center, further enhance its appeal. With its rich history, diverse economy, and stunning natural beauty, Renton is an excellent choice for businesses and investors alike.
Renton's industrial landscape is characterized by its strong aerospace and manufacturing presence, with a range of properties available to suit different business needs. In addition to Industrial Properties, Renton is also home to Warehouses, offering flexible storage and distribution solutions. Land is also available for development, providing opportunities for businesses to build custom facilities. Apartment Buildings and Commercial Real Estate round out the city's property offerings, catering to a range of residential and commercial needs. With 2 Industrial Properties for sale, Renton offers a diverse range of investment opportunities. From established businesses to startups, Renton's unique blend of industry, education, and natural beauty makes it an attractive destination for investors seeking to capitalize on the city's growth.
What is the average price per square foot for industrial properties in Renton?
The average price per square foot for industrial properties in Renton is $220 USD per square foot, with an average size of 37,554 square feet and a largest size of 41,286 square feet, among the 2 available listings.
How do location and transportation access affect industrial property values?
Location and transportation access play a significant role in determining industrial property values in Renton, with proximity to major highways, airports, and public transportation hubs increasing property values and desirability.
- Renton's strategic location near Interstate 5, Interstate 405, and State Route 167, as well as its proximity to the Renton Municipal Airport and public transportation options like King County Metro and Sound Transit Express buses, make it an attractive location for industrial properties, driving up property values.
- The city's infrastructure investments, such as the transit center and parking garage, and the redevelopment of the downtown core and industrial areas, have also contributed to increased property values and appeal.
- With 2 industrial properties available, ranging in size from 37,554 square feet to 41,286 square feet, and an average price per square foot of $220 USD, industrial property investors and owners can capitalize on Renton's prime location and transportation access to maximize their returns, with an average cap rate of.
