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32114 1st Ave S
Federal Way, WA 98003

$1,100,000 USD

Medical Condo For Sale  •  2,181 SF

Property Details

  • Property Type Medical
  • Total Building Size 14,563 SF
  • Lot Size 1.64 AC
  • Building Class B
  • Year Built 1984
  • Tenancy Multiple
  • Zoning PO, Federal Way
34 Transit Score
42 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 101 Medical Office 2,181 SF $1,100,000 USD
  • Unit Size: 2,181 SF
  • Condo Use: Medical Office
  • Price: $1,100,000 USD
  • Sale Type: Investment
  • Price/SF: $504.36 USD
Description
UPDATED DENTAL OFFICE BUILDOUT
The unit includes a large lobby area, multiple offices, six operating rooms, a storage room, and a breakroom / kitchenette space.

Sale Notes
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)

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Auburn Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) 12 min - 5.9 mi
AirportDriveWalkDistance
Seattle-Tacoma International 25 min - 11.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 50
Type: Surface
Included in Rent: Yes
Steve Balkman 425-586-5606 NAI Puget Sound Properties
Steve Balkman 425-586-5606 NAI Puget Sound Properties