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818 39th Ave SW 19,994 SF 100% Leased Office Building Puyallup, WA 98373 $679,000 ($33.96/SF) 4.98% Cap Rate
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$324,000
|
$16.20
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$324,000
|
$16.20
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$171,699
|
$8.59
|
| Net Operating Income |
$152,301
|
$7.62
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $324,000 |
| Annual Per SF | $16.20 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $324,000 |
| Annual Per SF | $16.20 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $171,699 |
| Annual Per SF | $8.59 |
| Net Operating Income | |
|---|---|
| Annual | $152,301 |
| Annual Per SF | $7.62 |
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Building Size
19,994 SF
Building Class
C
Year Built
1971
Price
$679,000
Price Per SF
$33.96
Cap Rate
4.98%
NOI
$33,841
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
19,994 SF
Building FAR
0.34
Lot Size
1.36 AC
Zoning
UCX - urban center mixed-use zone (UCX) is intended to allow a significant commercial component 5-7 story with residential mix. 22 units per acre. See MA
Parking
40 Spaces (2 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Monument Signage
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Chiropractic Sports Physicians
- Health Care and Social Assistance
- -
- -
- -
- -
- Drug Screens R Us
- Health Care and Social Assistance
- -
- -
- -
- -
- Dynamic Access Llc
- Services
- -
- -
- -
- -
- Elegant Salon
- Services
- -
- -
- -
- -
- Empower Tomorrow Therapy Services
- Health Care and Social Assistance
- -
- -
- -
- -
- M B Salon
- Services
- -
- -
- -
- -
- Mikayla Woolley
- -
- -
- $18.00
- Triple Net
- Mar 2030
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Chiropractic Sports Physicians | Health Care and Social Assistance | - | - | - | - | |
| Drug Screens R Us | Health Care and Social Assistance | - | - | - | - | |
| Dynamic Access Llc | Services | - | - | - | - | |
| Elegant Salon | Services | - | - | - | - | |
| Empower Tomorrow Therapy Services | Health Care and Social Assistance | - | - | - | - | |
| M B Salon | Services | - | - | - | - | |
| Mikayla Woolley | - | - | $18.00 | Triple Net | Mar 2030 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,615,700 | |
| Land Assessment | $2,076,700 | Total Assessment | $3,692,400 |
Property Taxes
Parcel Numbers
Land Assessment
$2,076,700
Improvements Assessment
$1,615,700
Total Assessment
$3,692,400
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Merritt Sampson Irrevocable Trust
818 39th Ave SW
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