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1651 S Pilgrim St
Moses Lake, WA 98837

$7,680,000 USD

Office For Sale  •  32,800 SF

Property Details

  • Property Type Office
  • Total Building Size 32,800 SF
  • Lot Size 3.26 AC
  • Building Class B
  • Year Built 2015
  • Cap Rate 8.00 %
  • Tenancy Single
  • Zoning C2
0 Transit Score
25 Walk Score

Highlights

Washington State Government Guarantee
Recent 5-Year Lease with 17.5% Rent Increase Over Previous Term
2015 Construction | Built to Suit
Large 3.26 Acre Lot with Ample Parking
Low Vacancy (2.3%) Market with Strong Rent Growth (12.5%)
Income Tax Free State

Property Flyers

Financial Summary (Actual)

Net Operating Income: $614,559 USD (2025)
Cap Rate: 8.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Dept of Social And Health Services 32,800 SF 7/31/2030

Amenities

  • Air Conditioning

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Clayton Brown 206-826-5787 Marcus & Millichap
Clayton Brown 206-826-5787 Marcus & Millichap