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1006 Fryar Ave
Sumner, WA 98390 Outlying Puyallup

$1,499,000 USD

Office Condo For Sale  •  6,725 SF

Property Details

  • Property Type Office
  • Total Building Size 6,725 SF
  • Lot Size 0.29 AC
  • Building Class C
  • Year Built 1980
  • Cap Rate 7.00 %
  • Tenancy Multiple
  • Zoning GC
0 Transit Score
75 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit D Office 6,725 SF $1,499,000 USD
  • Unit Size: 6,725 SF
  • Condo Use: Office
  • Price: $1,499,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $222.90 USD
Description
Well-maintained office condo on 3 floors. 1,847 SF footprint with a total of 6,925 RSF. Tenanted by 4 professional businesses including the current owner. Ideal opportunity for an owner user. Front and rear entrances for easy access, and ample storage on  lower level.

Description 

Part of a 4-condominium campus, with the remaining three buildings occupied by dental practices. 24 common area parking spaces in front, with 8 dedicated spaces, a large, level gravel lot of additional parking at the rear. Mature landscaping. Panel signs facing Cannery Rd for ample visibility.

Highlights

Lots of natural light
Medical professional campus
Owner user opportunity

Financial Summary

Cap Rate: 7.00 %
Total Expenses: $0 USD

Major Tenants

Tenant SF Occupied Lease End Date
Green Built Exteriors
Sound Pacific Resorts, Inc 5/23/2022
Washington Arms Collectors Inc

Public Transportation

Commuter RailDriveWalkDistance
Sumner Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) 1 min 3 min 0.2 mi
Sumner Station (Seattle - Tacoma/Lakewood - Sound Transit) 1 min 4 min 0.2 mi
AirportDriveWalkDistance
Seattle-Tacoma International 34 min - 21.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 18
Type: Surface
Included in Rent: Yes
Andrea Anderson 253-589-9999 Timothy Johnson Commercial Properties
Andrea Anderson 253-589-9999 Timothy Johnson Commercial Properties