Single-Story Medical Office
For Sale
Contact for pricing
10317 122nd St E, Puyallup, WA 98374
Single-story medical/dental building with exam rooms, private offices, and waiting areas, zoned for medical and dental use.
Property Size7,800 SF
Price / SF$314.29
Days on Market303
Property Features for 10317 122nd St E
General Information
Standard status
Active
Size
7,800 SF
Property subtype
OFFICE
Building Details
Buildings
1
Stories
1
Building Size
7,800 SF
Listing Agency:
John L. Scott The Madrona Group
(206) 412-1435
Listed By:
Andrew Ball
(206) 412-1435
Source:
Moodyscre
Added: Oct 7, 2025
Changed: Jul 30
Last Checked: Aug 5 at 1:44PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of John L. Scott The Madrona Group
Investment Insights
Based on property information with market context.
Single-story medical/dental building offering a highly functional layout for healthcare, specialty practices, or professional services. The interior includes multiple exam rooms, private offices, reception and waiting areas, and flexible treatment spaces. The property was previously used as a dental practice and includes existing equipment in place. Zoned for medical and dental use, the building is designed around patient flow.
Located on a high-visibility corridor with easy access and ample parking. The surrounding area is described as having strong demographics, supporting demand for medical and professional services.
For buyers or tenants seeking a medical/dental location with an operational floor plan already in place, this property offers a straightforward option centered on exam and treatment functionality.
Located on a high-visibility corridor with easy access and ample parking. The surrounding area is described as having strong demographics, supporting demand for medical and professional services.
For buyers or tenants seeking a medical/dental location with an operational floor plan already in place, this property offers a straightforward option centered on exam and treatment functionality.
Key Highlights
- Single‑story medical/dental building
- 7,800 SF medical/dental facility with patient‑flow layout
- Multiple exam rooms plus private offices
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $192.4k | $27.48 |
| − Vacancy | −$26.9k | −$3.85 |
| EGI | $165.4k | $23.63 |
| − OpEx | −$66.2k | −$9.45 |
| NOI | $99.3k | $14.18 |
7,000 SF · lease $27.48/SF/yr · vacancy 14.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$1.42M
$1.24M – $1.65M
NOI $99,258 @ 7.0% cap · market cap 4.51%
Second Best
Office B
$1.42M
$1.24M – $1.65M
NOI $99,149 @ 7.0% cap · market cap 4.51%
Theoretical Best
Office A
$1.89M
$1.65M – $2.21M
NOI $132,344 @ 7.0% cap · market cap 6.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,113
Businesses Nearby
Explore this area
Business Placement
Demographics for 98374, WA
45,367
Population
16,645
Households
2.7
Avg Household Size
37
Median Age
29%
College-Educated
94%
High-School Grad
16.4 sq mi
ZIP Area
2,766
Density / Sq Mi
$108,854
Median Household Income
$56,744
Median Earnings
$1,925
Median Rent
$491,200
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical center - Single-story medical/dental building with exam rooms, private offices, and waiting areas, zoned for medical and dental use.
Where is this medical center located?
The property is located at 10317 122nd St E Puyallup, WA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Single‑story medical/dental building; 7,800 SF medical/dental facility with patient‑flow layout; Multiple exam rooms plus private offices
