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1006 Fryar Office Building 1006 Fryar Ave 6,725 SF 100% Leased Office Building Sumner, WA 98390 $1,499,000 ($222.90/SF) 7% Cap Rate
Investment Highlights
- Lots of natural light
- Owner user opportunity
- Medical and professional office campus
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
6,725 SF
Building Class
B
Year Built
1980
Price
$1,499,000
Price Per SF
$222.90
Cap Rate
7%
NOI
$104,930
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
3,398 SF
Slab To Slab
11’
Building FAR
0.53
Lot Size
0.29 AC
Zoning
GC - General Commercial
Parking
18 Spaces (2.68 Spaces per 1,000 SF Leased)
About 1006 FRYAR AVE , SUMNER, WA 98390
Professional office building on the corner of Cannery Way and Fryer Ave in Sumner WA. Great visibility and signage exposure facing Cannery Rd. The building has three floors, and has three tenants. One office is vacant and available for an owner occupant. There are 24 common area parking spaces in front, including 8 dedicated spaces. Mature landscaping with meandering sidewalks gives this property added curb appeal.
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- CHS NW
- -
- -
- $14.00
- Triple Net
- May 2022
- Point of Solutions
- Construction
- -
- -
- -
- -
- Washington Arms Collectors Inc
- -
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| CHS NW | - | - | $14.00 | Triple Net | May 2022 | |
| Point of Solutions | Construction | - | - | - | - | |
| Washington Arms Collectors Inc | - | - | - | - | - |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Good public transit
60/100
Moderately bikeable
70/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $873,900 | |
| Land Assessment | $487,300 | Total Assessment | $1,361,200 |
Property Taxes
Parcel Numbers
Land Assessment
$487,300
Improvements Assessment
$873,900
Total Assessment
$1,361,200
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
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Street
Map
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1006 Fryar Office Building | 1006 Fryar Ave
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