Log In/Sign Up
Your email has been sent.
542-544 N 5th Ave 6,150 SF 100% Leased Office Building Sequim, WA 98382 $1,800,000 ($292.68/SF) 6.96% Cap Rate
Investment Highlights
- High traffic area
- High quality tenants
- Great visability
- High quality leases
Executive Summary
This comprises 3 separate leases. All high quality tenants and high quality leases, making this a great investment opportunity. Professional Office Plaza with a high concentration of medical and finance professions. Office condos are close to downtown Sequim shopping and restaurants. Olympic National Forest and Olympic Mountain Range within close proximity. Bike the Olympic Discovery Trail or park your watercraft at John Wayne Marina, just a few short miles away.
Financial Summary (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Sale Condition
Bulk/Portfolio Sale
Property Type
Office
Property Subtype
Medical
Building Size
6,150 SF
Building Class
A
Year Built
2007
Price
$1,800,000
Price Per SF
$292.68
Cap Rate
6.96%
NOI
$125,304
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,150 SF
Building FAR
0.16
Lot Size
0.87 AC
Opportunity Zone
Yes
Zoning
LD - Lifestyle District
Amenities
- Signage
- Accent Lighting
- Reception
- Central Heating
- Partitioned Offices
- Recessed Lighting
- Hardwood Floors
- Air Conditioning
- Smoke Detector
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Dr Campbell
- Professional, Scientific, and Technical Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- NW Beauty
- Professional, Scientific, and Technical Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- WSC
- Professional, Scientific, and Technical Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Dr Campbell | Professional, Scientific, and Technical Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| NW Beauty | Professional, Scientific, and Technical Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| WSC | Professional, Scientific, and Technical Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
1 1
Property Taxes
| Parcel Number | 80927 | Improvements Assessment | $255,000 (2025) |
| Land Assessment | $50,400 (2025) | Total Assessment | $305,400 (2025) |
Property Taxes
Parcel Number
80927
Land Assessment
$50,400 (2025)
Improvements Assessment
$255,000 (2025)
Total Assessment
$305,400 (2025)
1 of 73
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
542-544 N 5th Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.