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420 McPhee Rd SW
Olympia, WA 98502 West Olympia

$3,150,000 USD

Medical For Sale  •  9,555 SF

Property Details

  • Property Type Medical
  • Total Building Size 9,555 SF
  • Lot Size 0.86 AC
  • Building Class B
  • Year Built 2013
  • Cap Rate 7.30 %
  • Tenancy Multiple
  • Zoning MS
37 Transit Score
39 Walk Score

Highlights

New MultiCare Expansion & New 5-Year AON Lease
100% Occupied Medical Building | Staggered Lease Expirations
Annual Rent Increases | High-Yield Investment
Strategic Location Near Major Medical Campuses | Essential Tenants
High Quality Construction
Strong Historical Occupancy | Solid Medical Guarantees

Property Flyers

Cap Rate: 7.30 %

Major Tenants

Tenant SF Occupied Lease End Date
AON Vista Oncology
MultiCare CMC Outpatient Therapy Services

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 54
Type: Surface
Included in Rent: Yes
Dylan Wolf 253-334-3761 Marcus & Millichap
Dylan Wolf 253-334-3761 Marcus & Millichap