For Sale
$1,650,000
542 5Th AveSequim, WA 98382
High-return office complex, 100% occupied.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 116
Highlights
- Class A, 4,320 sq ft office building in Sequim, WA.
- Built in 2007, single-story, four units on a 0.87-acre lot.
- 100% occupancy with medical and finance tenants; stable income stream.
- Lifestyle District (LD) zoning; asking price $1,650,000 ($381.94/sq ft), 7.26% pro-forma cap rate, $119,866 pro-forma NOI.
- NNN leases with credit-rated tenants; lease terms 1-5 years with rent bumps.
Property Details for 542 5Th Ave
- Property type
- Office properties, Medical offices
- Square Feet
- 4,320 SF
- Class
- A
- Year Built
- 2007
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 37,897 SF
- Units
- 4
Location Insight
- City
- Sequim
- County
- Clallam
- State
- Washington
- Latitude
- 48.084334
- Longitude
- -123.112632
542 5Th Ave, Sequim, Washington
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