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1006 Fryar Ave - 1006 Fryar Office Building 6,725 SF Office Condo Unit Offered at $1,499,000 in Sumner, WA 98390
INVESTMENT HIGHLIGHTS
- Lots of natural light
- Owner user opportunity
- Medical professional campus
EXECUTIVE SUMMARY
Part of a 4-condominium campus, with the remaining three buildings occupied by dental practices. 24 common area parking spaces in front, with 8 dedicated spaces, a large, level gravel lot of additional parking at the rear. Mature landscaping. Panel signs facing Cannery Rd for ample visibility.
PROPERTY FACTS
| Total Building Size | 6,725 SF | Typical Floor Size | 3,398 SF |
| Property Type | Office (Condo) | Year Built | 1980 |
| Building Class | C | Lot Size | 0.29 AC |
| Floors | 3 | Parking Ratio | 2.68/1,000 SF |
| Zoning | GC - General Commercial | ||
| Total Building Size | 6,725 SF |
| Property Type | Office (Condo) |
| Building Class | C |
| Floors | 3 |
| Typical Floor Size | 3,398 SF |
| Year Built | 1980 |
| Lot Size | 0.29 AC |
| Parking Ratio | 2.68/1,000 SF |
| Zoning | GC - General Commercial |
1 UNIT AVAILABLE
Unit D
| Unit Size | 6,725 SF | Sale Type | Investment or Owner User |
| Price | $1,499,000 | Cap Rate | 7.00% |
| Price Per SF | $222.90 | NOI | $104,930 |
| Condo Use | Office | APN/Parcel ID | 042024-7011 |
| Unit Size | 6,725 SF |
| Price | $1,499,000 |
| Price Per SF | $222.90 |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.00% |
| NOI | $104,930 |
| APN/Parcel ID | 042024-7011 |
DESCRIPTION
Well-maintained office condo on 3 floors. 1,847 SF footprint with a total of 6,925 RSF. Tenanted by 4 professional businesses including the current owner. Ideal opportunity for an owner user. Front and rear entrances for easy access, and ample storage on lower level.
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Walk Score®
Very Walkable (75)
Bike Score®
Very Bikeable (85)
MAJOR TENANT INFORMATION
| TENANT | SF OCCUPIED | LEASE END DATE |
|---|---|---|
| Sound Pacific Resorts, Inc |
-
|
May 2022
|
CONTACTS
-
Andrea Anderson -
Timothy Johnson -
Margot Johnson -
Timothy Johnson Commercial Properties
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1006 Fryar Ave - 1006 Fryar Office Building
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