122 3rd St NE - Medical FOR SALE


Auburn, WA 98001- Downtown Auburn
$7,800,000 USD
206-826-5784
122 3rd St NE, Auburn, WA for Sale
$7,800,000 USD
Medical - FOR SALE
1/6
null | Request Cap Rate

122 3rd St NE
Auburn, WA 98001
Downtown Auburn


HIGHLIGHTS

  • Turn-key medical office
  • Priced well below replacement cost
  • Medical hub promotes strong synergy between facilities
  • Ample parking

OVERVIEW

THE VARA GROUP is pleased to present the unique sale opportunity for the Owner/User or Value-Add medical office building in Auburn, WA. Built in 2006, the property features an extensive medical build-out that served its previous tenants for 18 years. Situated along Auburn Ave, the 18,314 SF medical office is complimented by 94 dedicated parking stalls in an area often challenged by parking accessibility. Surrounded by dense residential neighborhoods within a thriving medical hub, the property offers an unbeatable location for various medical practices.

FOR SALE DETAILS

PRICE

$7,800,000 USD

PRICE/SF

$426 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

94

LAND DETAILS

LAND ACRES

1.45 AC

LAND SF

63,162 SF

ZONING

DUC

APN/PARCEL ID

049250-0135,049250-0145,049250-0180,173580-0280,173580-0290

ASK ABOUT THIS PROPERTY

Raymond 'RJ' VaraMarcus & MillichapMore Info
206-826-5784

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Raymond 'RJ' VaraMarcus & MillichapMore Info
206-826-5784

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.