Single-Story Medical Office
For Sale
$2,200,000
10317 122ND Unit ABCD, 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$282.05
Days on Market379
Property Features for 10317 122ND Unit ABCD
General Information
Standard status
Active
Size
7,800 SF
Property subtype
Commercial
Building Details
Year Built
1986
Buildings
1
Stories
1
Building Size
7,800 SF
Listing Agency:
CENTURY 21 North Homes Realty
Listed By:
Stuart M Anderson
(425) 242-3040
Source:
Skylineproperties
Added: Sep 27, 2025
Changed: Oct 10
Last Checked: Oct 10 at 1:32AM
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 CENTURY 21 North Homes Realty
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
Estimated NOI and Cap Rate
NOI / Yr
$110,602
Cap Rate
5.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,212,040
$2.2M
Cap Rate 7%
$1,580,029
$1.6M
Cap Rate 9%
$1,228,911
$1.2M
Market Conditions
NOI Build-Up for 7,800 SF
Gross rent
$214.3K $27.48/SF
− Vacancy
−$30.0K −$3.85/SF
EGI
$184.3K $23.63/SF
− OpEx
−$73.7K −$9.45/SF
NOI
$110.6K $14.18/SF
Area
Pierce County, WA
Vacancy
14.00%
Lease Rate
$27.48 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,212,040
Cap Rate 7%
$1,580,029
Cap Rate 9%
$1,228,911
Alternative Uses
Best Use
Healthcare Medical
$1.58M
$1.38M – $1.84M
NOI $110,602 @ 7.0% cap · market cap 5.03%
Second Best
Office B
$1.58M
$1.38M – $1.84M
NOI $110,481 @ 7.0% cap · market cap 5.02%
Theoretical Best
Office A
$2.11M
$1.84M – $2.46M
NOI $147,469 @ 7.0% cap · market cap 6.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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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
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Market
Vacancy Rate% for Office in West region
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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 Unit ABCD 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
