Medical Office
For Sale
Contact for pricing
5920 100th St SW #33, Lakewood, WA 98499
Professional office suite with reception, waiting room, multiple offices, and dedicated parking for clients.
Property Size1,392 SF
Price / SF$348.42
Days on Market639
Property Features for 5920 100th St SW #33
General Information
Standard status
Active
Size
1,392 SF
Property subtype
OFFICE
Listing Agency:
Providencia Real Estate
(206) 285-2564
Listed By:
Charles Holmes · License #20363DB
(206) 285-2564
Source:
Moodyscre
Added: Oct 30, 2024
Changed: Jul 30
Last Checked: Jul 30 at 11:18AM
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 Providencia Real Estate
Investment Insights
Based on property information with market context.
Lakewood Professional Village, Suite #33, is located across from Lakewood Towne Center and offers professional office space suited for medical, dental, or other professional services. The suite includes a reception area, waiting room, five offices, a kitchen, and both a 1/2 bath and a 3/4 bath. An additional 400 square feet of storage is available in the attic. A heat pump provides heating and cooling for year-round comfort.
Suite #33 is served by six dedicated parking spaces for patients or clients, supporting convenient access for daily visits and appointments.
The suite layout is designed to support both client-facing areas and office use, with room for staff and workflow within the existing configuration.
Suite #33 is served by six dedicated parking spaces for patients or clients, supporting convenient access for daily visits and appointments.
The suite layout is designed to support both client-facing areas and office use, with room for staff and workflow within the existing configuration.
Key Highlights
- Suite #33 in Lakewood Professional Village across from Lakewood Towne Center
- 1,392 SF professional office space plus 400 SF attic storage
- Reception area and waiting room for client intake
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 | $38.3k | $27.48 |
| − Vacancy | −$5.4k | −$3.85 |
| EGI | $32.9k | $23.63 |
| − OpEx | −$13.2k | −$9.45 |
| NOI | $19.7k | $14.18 |
1,392 SF · lease $27.48/SF/yr · vacancy 14.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$282.0K
$246.7K – $329.0K
NOI $19,738 @ 7.0% cap · market cap 4.07%
Second Best
Office B
$281.7K
$246.5K – $328.6K
NOI $19,717 @ 7.0% cap · market cap 4.07%
Theoretical Best
Office A
$376.0K
$329.0K – $438.6K
NOI $26,317 @ 7.0% cap · market cap 5.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,842
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 98499, WA
33,188
Population
14,683
Households
2.3
Avg Household Size
35
Median Age
19%
College-Educated
85%
High-School Grad
8.8 sq mi
ZIP Area
3,771
Density / Sq Mi
$65,000
Median Household Income
$41,345
Median Earnings
$1,445
Median Rent
$370,000
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Vetco Total Care Animal Hospital — 5700 100th St SW, Lakewood, WA 98499
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- Banfield Pet Hospital — 10210 59th Ave SW, Lakewood, WA 98499
- Chester street animal clinic — lakewood, wa 98499
- Petco Vaccination Clinic — 5700 100th St SW, Lakewood, WA 98499
Frequently Asked Questions
What type of property is this?
Medical Office Space - Professional office suite with reception, waiting room, multiple offices, and dedicated parking for clients.
Where is this medical office space located?
The property is located at 5920 100th St SW #33 Lakewood, WA.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Suite #33 in Lakewood Professional Village across from Lakewood Towne Center; 1,392 SF professional office space plus 400 SF attic storage; Reception area and waiting room for client intake
