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4202 10th St SE
Puyallup, WA 98374 Outlying Puyallup

$1,928,571 USD

Medical For Sale  •  5,000 SF

Property Details

  • Property Type Medical
  • Total Building Size 5,000 SF
  • Lot Size 0.34 AC
  • Building Class B
  • Year Built 2006
  • Cap Rate 7.00 %
  • Tenancy Single
  • Zoning CL
30 Transit Score
50 Walk Score

Highlights

Healthcare Real Estate — Healthcare properties are extremely sought-after investments for their resistance to recessions and e-commerce.
15 Year Absolute NNN Investment — This is a completely hands-off investment with with zero tax, maintenance, and insurance responsibilities.
3% Annual Rental Increases — The lease features 3% annual rent increases, providing investors with growing cash flow and a hedge against inflation.
No Income Tax - Washington is one of 9 states with no income tax.
Strong Demographics - There are over 180,000 residents in a 5-mile radius and an average household income above $100,000.
Established Regional Operator — Washington Oral & Maxillofacial Surgery has 5 locations throughout WA.

Property Flyers

Cap Rate: 7.00 %

Amenities

  • Bus Line
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Puyallup Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) 9 min - 3.7 mi
Sumner Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) 10 min - 6.2 mi
AirportDriveWalkDistance
Seattle-Tacoma International 34 min - 29.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 10
Type: Surface
Included in Rent: Yes
Seamus O'Brien 773-219-0964 Matthews Real Estate Investment Services
Seamus O'Brien 773-219-0964 Matthews Real Estate Investment Services