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7820-7822 27th St W
University Place, WA 98466

$1,100,000 USD

Medical For Sale  •  4,000 SF

Property Details

  • Property Type Medical
  • Total Building Size 4,000 SF
  • Lot Size 0.21 AC
  • Building Class C
  • Year Built 1963
  • Cap Rate 5.91 %
  • Tenancy Multiple
  • Zoning MU
0 Transit Score
64 Walk Score

Highlights

Potential to convert upper unit into two office spaces

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $65,028 USD (2025)
Cap Rate: 5.91 %
Total Expenses: $5,272 USD

Major Tenants

Tenant SF Occupied Lease End Date
Mt Rainier Neurology

Amenities

  • Signage
  • Reception

Public Transportation

Commuter RailDriveWalkDistance
South Tacoma Station (Seattle - Tacoma/Lakewood - Sound Transit) 11 min - 4.6 mi
Tacoma Dome Station (Seattle - Tacoma/Lakewood - Sound Transit, Sounder South Line - Sound Transit, Tacoma Link - Sound Transit) 12 min - 6.3 mi
AirportDriveWalkDistance
Seattle-Tacoma International 43 min - 26.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 12
Type: Surface
Included in Rent: Yes
Rod Johnston 206-384-1982 Omni Healthcare Real Estate
Rod Johnston 206-384-1982 Omni Healthcare Real Estate