555 Renton Village PlRenton, WA 98057

Property Details for 555 Renton Village Pl

Year built

1980

Construction

CONCRETE

Lot size

5.51 AC

Property size (Sq ft)

142,669 SF

Zone code

CO

Property type

Office properties

Property subtype

Office buildings

APN

723160-0542

APU

7231600542

Description

Triton Tower One, a premier Class B office campus in Renton, offers exceptional space in three seven-story buildings. Strategically located near I-405, this multi-tenant property provides efficient layouts and convenient access to retail and transit. The 142,669 square foot complex sits on a 5.85-acre lot and boasts a variety of suite sizes, with a minimum divisible space of 2,109 square feet and a maximum contiguous space of 7,463 square feet. Currently, 28,689 square feet are vacant and available for lease. Built in 1980 and renovated in 1995, the property offers a blend of classic design and updated amenities. Seven spaces are currently available, ranging in size from 999 to 7,463 square feet. This King County location provides tenants with a prime opportunity to establish a presence in a thriving business community. The property's multi-tenant structure offers flexibility for businesses of various sizes. The convenient location and ample available space make Triton Tower One an ideal choice for companies seeking efficient and well-located office space in Renton.

• CAP approach

  CAP return

  Valuation

  6%

  $28,013,126

  6.5%

  $25,858,270

  7%

  $24,011,252

• Comparable approach

  Method

  Valuation

  Relative Method

  $36,366,984

  Geo Method

  $27,475,196

• Alternative Use

  Use

  Valuation

  Residential

  $32,064,256

  Hospitality

  $29,370,686

  Educational

  $24,436,066

  Medical

  $25,276,460

  Retail

  $38,011,656

Location Insight

City

Renton

County

King

State

Washington

Latitude

47.469

Longitude

-122.212

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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