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Mission Veterinary Partners Anchored Office 22014 7th Ave S

9,149 SF 89% Leased Office Building Des Moines, WA 98198 £3,229,570 (£353/SF) 7.28% Net Initial Yield

Investment Highlights

  • Mission Veterinary Partners: Mission Veterinary Partners is one of the leading networks of vet-owned and managed general practice animal hospitals.
  • Favorable Demographics: Des Moines contains a growing population, including families and professionals, supporting a strong client base for healthcare
  • Highway Proximity: The property is conveniently located near State Route 509 and Interstate 5, providing seamless access to major highways.
  • Potential Credit Enhancement: It has been reported that two of Shore Capital Partner’s veterinary platforms may merge.
  • Population Growth: The city has experienced consistent population growth, attracting new residents seeking access to healthcare, retail,and recreation
  • Nearby Retail: The property is near prominent retail centers, including Walmart, Target, and Safeway, along with numerous local dining options.

Executive Summary

Brian Brockman
License No. 21256 (WA)
(866) 889-0550
Bang Realty, Inc.
11427 Reed Hartman Hwy Suite 236,
Cincinnati, OH 45241

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
9,149 SF
Building Class
B
Year Built
1982
Price
£3,229,570
Price Per SF
£353
Net Initial Yield
7.28%
NOI
£234,958
Percent Leased
89%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
9,149 SF
Building FAR
0.27
Lot Size
0.77 AC

Amenities

  • Bus Route
  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Fl-Ste 202
  • 750 SF
  • Office
  • Partial Build-Out
  • Now

Suite 202: 750 SF

  • 2nd Fl-Ste 203
  • 750 SF
  • Office
  • Partial Build-Out
  • Now

Suite 203: 750 SF

  • 3rd Fl-Ste 301
  • 300 SF
  • Office
  • Partial Build-Out
  • Now

Suite 301 – 300 SF

Space Size Space Use Condition Available
2nd Fl-Ste 202 750 SF Office Partial Build-Out Now
2nd Fl-Ste 203 750 SF Office Partial Build-Out Now
3rd Fl-Ste 301 300 SF Office Partial Build-Out Now

2nd Fl-Ste 202

Size
750 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

2nd Fl-Ste 203

Size
750 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

3rd Fl-Ste 301

Size
300 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

2nd Fl-Ste 202

Size 750 SF
Space Use Office
Condition Partial Build-Out
Available Now

Suite 202: 750 SF

2nd Fl-Ste 203

Size 750 SF
Space Use Office
Condition Partial Build-Out
Available Now

Suite 203: 750 SF

3rd Fl-Ste 301

Size 300 SF
Space Use Office
Condition Partial Build-Out
Available Now

Suite 301 – 300 SF

Walk Score ®
Very Walkable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
200900-3690
Land Assessment
£380,459
Improvements Assessment
£697,193
Total Assessment
£1,077,652
  • Listing ID: 34217026

  • Date on Market: 16/12/2024

  • Last Updated:

  • Address: 22014 7th Ave S, Des Moines, WA 98198

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