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15214 Canyon Rd E 21,786 SF 100% Leased Office Building Puyallup, WA 98375 $9,931,445 ($455.86/SF) 6.25% Cap Rate
Executive Summary
Franciscan Medical Pavilion is a fully leased medical office asset located at 15214 Canyon Rd E in Puyallup, WA, positioned within one of the South Sound's most active healthcare corridors.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
21,786 SF
Building Class
B
Year Built
2009
Price
$9,931,445
Price Per SF
$455.86
Cap Rate
6.25%
NOI
$620,715
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,893 SF
Building FAR
0.35
Lot Size
1.42 AC
Zoning
CE
Parking
97 Spaces (4.45 Spaces per 1,000 SF Leased)
Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $3,227,600 | |
| Land Assessment | $994,400 | Total Assessment | $4,222,000 |
Property Taxes
Parcel Numbers
Land Assessment
$994,400
Improvements Assessment
$3,227,600
Total Assessment
$4,222,000
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15214 Canyon Rd E
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