Condominiumized Office Space in Lakewood | 5920 100th St SW
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Condominiumized Office Space in Lakewood 5920 100th St SW
1,125 SF Office Building Lakewood, WA 98499 £327,854 (£291/SF) 8.40% Net Initial Yield
Executive Summary
Located in the heart of Lakewood, adjacent to Lakewood Towne Center, just minutes away from Interstate 5 and Highway 512.
Condominiumized Office Space perfect for small professional business owner-user.
Possible investment opportunity @ 8.4% CAP with existing tenant.
HVAC and roof well-maintained.
Separately metered utilities.
Condominiumized Office Space perfect for small professional business owner-user.
Possible investment opportunity @ 8.4% CAP with existing tenant.
HVAC and roof well-maintained.
Separately metered utilities.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
1,125 SF
Building Class
C
Year Built
1972
Price
£327,854
Price Per SF
£291
Net Initial Yield
8.40%
NOI
£27,540
Tenancy
Single
Number of Floors
1
Typical Floor Size
1,125 SF
Building FAR
0.23
Land Acres
0.11 AC
Zoning
CBD, Lakewood
Parking
6 Spaces (3.41 Spaces per 1,000 SF Leased)
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Walk Score ®
Very Walkable (85)
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | £288,907 | |
Land Assessment | £131,616 | Total Assessment | £420,522 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£131,616
Improvements Assessment
£288,907
Total Assessment
£420,522
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Condominiumized Office Space in Lakewood | 5920 100th St SW
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