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    3402 173Rd Pl NE Arlington, WA 98223

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    For Sale
    $1,950,000

    Well-maintained medical/professional office building near I-5 in Arlington, WA.

    Property size:
    9,662 SF

    Property Features for 3402 173Rd Pl NE

    General Information

    Standard status
    Active
    Size
    9,662 SF

    Building Details

    Year built
    2005

    Source: MARCUS & MILLICHAP, INC. Agent JOHN MARKS

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Arlington Plaza Medical/Professional Office Building

    Arlington Plaza 173 is a medical and professional office building located in Arlington, Washington, just off I-5. The property contains six suites totaling 9,662 square feet and is 81% occupied by three tenants. The rent roll includes staggered lease expirations through 2030 and features a new 10-year NNN lease with a dental professional. The property is home to a mix of healthcare and service-oriented tenants. Located between the Smokey Point Transit Center and 172nd Street, the property is less than half a mile from I-5. The Smokey Point submarket has experienced consistent rent growth over the past five years and is becoming a target for industry and tenant movement in the Puget Sound region.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Dental Office Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Smokey Point Animal Hospital, Advanced Care Animal Clinic, Care 4 Pets Animal Hospital-Noemie Haas DVM, Petco Vaccination Clinic, Karee McBroom - Advanced Care Animal Clinic

    Location Insight

    • Map
    • Local Demand
    City
    Arlington
    County
    Snohomish
    State
    Washington
    Longitude
    -122.1842011
    Latitude
    48.153782

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    FAQs

    What type of property is this?
    Medical office - Well-maintained medical/professional office building near I-5 in Arlington, WA.
    Where is this medical office located?
    The property is located at 3402 173Rd Pl NE Arlington, WA.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: - New 10-year NNN lease with a dental professional provides stable, long-term income.; - Located less than half a mile from I-5, offering excellent accessibility.; - 81% occupied by three tenants, indicating strong current income.
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    3402 173Rd Pl NE Arlington, WA 98223
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    Arlington, WA 98223
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3402 173Rd Pl NE Arlington, WA 98223
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