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Silver Pond 10101 19th Ave SE 5,815 SF 100% Leased Office Building Everett, WA 98208 $2,200,000 ($378.33/SF)
INVESTMENT HIGHLIGHTS
- One block from Highway 527 and less than five minutes to I-5.
- Flexible floor plates for medical or wellness use.
- Close proximity to retail, housing, and community space.
- 100% leased to two tenants
EXECUTIVE SUMMARY
Lee & Associates Commercial Real Estate Services LLC (“Lee & Associates”) is pleased to present the opportunity to acquire Silver Pond Medical Center, a well-located and fully leased medical office investment in the growing Silver Lake submarket of South Everett.
The property consists of a 5,815 SF medical office building situated on a 34,000 SF parcel, offering excellent visibility and access along 19th Ave SE. Built in 2004, the building benefits from low deferred maintenance, 45 surface parking stalls (7.7/1,000 SF), and flexible floor plates for medical or wellness use.
Silver Pond Medical Center is 100% leased to two tenants and s ideally positioned less than 0.5 miles from Costco, WinCo Foods, and a cluster of other daily-needs retail, creating strong foot traffic and convenience for both tenants and patients. The Silver Lake area continues to see robust population growth and strong demand for healthcare and wellness services, making this a rare opportunity to acquire a stabilized medical investment with durable income
The property consists of a 5,815 SF medical office building situated on a 34,000 SF parcel, offering excellent visibility and access along 19th Ave SE. Built in 2004, the building benefits from low deferred maintenance, 45 surface parking stalls (7.7/1,000 SF), and flexible floor plates for medical or wellness use.
Silver Pond Medical Center is 100% leased to two tenants and s ideally positioned less than 0.5 miles from Costco, WinCo Foods, and a cluster of other daily-needs retail, creating strong foot traffic and convenience for both tenants and patients. The Silver Lake area continues to see robust population growth and strong demand for healthcare and wellness services, making this a rare opportunity to acquire a stabilized medical investment with durable income
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
5,815 SF
Building Class
B
Year Built
2004
Price
$2,200,000
Price Per SF
$378.33
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,815 SF
Building FAR
0.17
Lot Size
0.78 AC
Zoning
R1
Parking
45 Spaces (7.74 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
- Drop Ceiling
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 280520-002-057-00 | Improvements Assessment | $402,900 |
| Land Assessment | $1,223,100 | Total Assessment | $1,626,000 |
PROPERTY TAXES
Parcel Number
280520-002-057-00
Land Assessment
$1,223,100
Improvements Assessment
$402,900
Total Assessment
$1,626,000
CONTACTS
-
Stuart Williams -
Alex Muir -
Scott Rowe -
McCallum Mead -
Lee & Associates Commercial Real Estate Services
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Silver Pond | 10101 19th Ave SE
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