32114 1st Ave S - Medical CONDO FOR SALE


Federal Way, WA 98003
$1,100,000 USD
425-260-4451
32114 1st Ave S, Federal Way, WA for Sale
$1,100,000 USD
Medical CONDO - FOR SALE
1/8
null | 7.03% Cap Rate

32114 1st Ave S
Federal Way, WA 98003


OVERVIEW

Single-Tenant Office Condo Sale Leased to National Dental Clinic – 50+ Locations Tenant Recently Signed a New 5-Year NNN Lease 3% Annual Rent Increases Price: $1,100,000 (7.03% Cap Rate)

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$504 USD /SF

CAP RATE

7.03%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

West Campus Terrace Bldg 1

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

14,563 SF

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.64 AC

LAND SF

71,438 SF

ZONING

PO, Federal Way

APN/PARCEL ID

926450-0000,926450-0010,926450-0020,926450-0030,926450-0033,926450-0036,926450-0037,926450-0038,926450-0039,926450-0040,926450-0050,926450-0060

ASK ABOUT THIS PROPERTY

Steve BalkmanNAI Puget Sound PropertiesMore Info
425-260-4451

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Steve BalkmanNAI Puget Sound PropertiesMore Info
425-260-4451

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