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6212 75th St W
University Place, WA 98499
Circle Creek Center · Office Property For Sale
Investment Highlights
- Three separate entrances support flexible multi-tenant or single-user occupancy.
- Positioned within a dense healthcare and professional services corridor.
- Quiet setting with natural creekside views providing a professional atmosphere.
- Recent interior upgrades and flowing floor plan enhance operational efficiency.
- Easy access to Interstate 5 and major arterials for regional connectivity.
- High daily traffic counts of nearly 30,000 vehicles on nearby Bridgeport Way W.
Executive Summary
The Circle Creek Professional/Medical Office building at 6212 75th St W in Lakewood, WA presents a compelling investment opportunity in one of Pierce County’s most active growth corridors. Situated on a .32-acre site, this ±4,832 SF asset combines a blend of functionality and versatility suitable for a range of professional and healthcare users. The property features upgraded interiors, a flexible layout, and three separate entrances, allowing multiple occupancy configurations and long-term adaptability.
Currently occupied by tenants on month-to-month leases, this property offers immediate income generation with potential value-add opportunities through stabilized leasing or owner-occupant conversion. Situated near high-traffic corridors, including Bridgeport Way W and 8th Street with almost 30,000 vehicles daily, Circle Creek provides strong visibility and accessibility to nearby retail, amenities, and institutional demand drivers.
The surrounding area benefits from proximity to major employment hubs, including Joint Base Lewis-McChord and downtown Tacoma, along with convenient access to Interstate 5 just minutes away. With a professional setting enhanced by tranquil creek and wooded views, this property aligns well with both investor and owner-user strategies seeking a highly functional building in a dynamic regional market.
Currently occupied by tenants on month-to-month leases, this property offers immediate income generation with potential value-add opportunities through stabilized leasing or owner-occupant conversion. Situated near high-traffic corridors, including Bridgeport Way W and 8th Street with almost 30,000 vehicles daily, Circle Creek provides strong visibility and accessibility to nearby retail, amenities, and institutional demand drivers.
The surrounding area benefits from proximity to major employment hubs, including Joint Base Lewis-McChord and downtown Tacoma, along with convenient access to Interstate 5 just minutes away. With a professional setting enhanced by tranquil creek and wooded views, this property aligns well with both investor and owner-user strategies seeking a highly functional building in a dynamic regional market.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
4,832 SF
Building Class
C
Year Built
1967
Price
$1,100,000
Price Per SF
$227.65
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,806 SF
Slab To Slab
11’
Building FAR
0.35
Lot Size
0.32 AC
Zoning
NC2
Parking
14 Spaces (4.16 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
Property Taxes
| Parcel Number | 022026-7004 | Improvements Assessment | $290,200 |
| Land Assessment | $345,400 | Total Assessment | $635,600 |
Property Taxes
Parcel Number
022026-7004
Land Assessment
$345,400
Improvements Assessment
$290,200
Total Assessment
$635,600
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