Medical Office Condo with Clinical
For Sale
Contact for pricing
4430 106th St SW, Mukilteo, WA 98275
Renovated clinical suite with exam rooms, treatment areas, reception, offices, and open parking.
Property Size2,366 SF
Price / SF$583.26
Days on Market49
Property Features for 4430 106th St SW
General Information
Standard status
Active
Size
2,366 SF
Property subtype
OFFICE
Amenities
cedar sauna
ceiling waterfall
Listing Agency:
OMNI Healthcare Real Estate
(877) 866-6053
Listed By:
Stephen Kikikis · License #94563
(425) 905-6920
Source:
Moodyscre
Added: Sep 8
Changed: Oct 26
Last Checked: Oct 26 at 3:31PM
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 OMNI Healthcare Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,366-square-foot medical office condominium at 4430 106th St SW in Mukilteo provides a renovated clinical layout with multiple exam rooms, procedure and treatment areas, reception, a waiting room, private offices, sterilization space, and storage. Additional interior features include a cedar sauna, ceiling waterfall, and upgraded finishes throughout. The existing buildout supports a range of medical and office applications without requiring a new construction program.
The property offers open parking and access to Harbour Pointe Blvd, Paine Field, Boeing, Mukilteo Speedway, QFC, Walgreens, Optum, and Mukilteo Smiles. Dense residential neighborhoods and strong household income demographics add context to the surrounding market area.
The property offers open parking and access to Harbour Pointe Blvd, Paine Field, Boeing, Mukilteo Speedway, QFC, Walgreens, Optum, and Mukilteo Smiles. Dense residential neighborhoods and strong household income demographics add context to the surrounding market area.
Key Highlights
- 2,366‑square‑foot medical office condominium in Mukilteo
- Multiple exam rooms plus procedure and treatment areas
- Reception, waiting room, private offices, sterilization, and storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,142
Cap Rate
3.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$842,840
$842.8K
Cap Rate 7%
$602,029
$602.0K
Cap Rate 9%
$468,244
$468.2K
Market Conditions
NOI Build-Up for 2,366 SF
Gross rent
$64.7K $27.36/SF
− Vacancy
−$8.5K −$3.61/SF
EGI
$56.2K $23.75/SF
− OpEx
−$14.0K −$5.94/SF
NOI
$42.1K $17.81/SF
Area
Snohomish County, WA
Vacancy
13.20%
Lease Rate
$27.36 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$842,840
Cap Rate 7%
$602,029
Cap Rate 9%
$468,244
Alternative Uses
Best Use
Office B
$602.0K
$526.8K – $702.4K
NOI $42,142 @ 7.0% cap · market cap 3.05%
Second Best
Healthcare Medical
$494.9K
$433.0K – $577.4K
NOI $34,641 @ 7.0% cap · market cap 2.51%
Theoretical Best
Office A
$659.8K
$577.4K – $769.8K
NOI $46,189 @ 7.0% cap · market cap 3.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
589
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 98275, WA
21,642
Population
8,492
Households
2.5
Avg Household Size
44
Median Age
55%
College-Educated
98%
High-School Grad
7.3 sq mi
ZIP Area
2,965
Density / Sq Mi
$122,612
Median Household Income
$69,619
Median Earnings
$2,127
Median Rent
$830,000
Median Home Value
Market
Vacancy Rate% for Office in West region
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- All Care Pet Hospital — 11126 Mukilteo Speedway, Mukilteo, WA 98275
Frequently Asked Questions
What type of property is this?
Medical Office Space - Renovated clinical suite with exam rooms, treatment areas, reception, offices, and open parking.
Where is this medical office space located?
The property is located at 4430 106th St SW Mukilteo, WA.
What is the asking price?
The asking price for this property is $1,380,000.
What are key features of this property?
This property features: 2,366‑square‑foot medical office condominium in Mukilteo; Multiple exam rooms plus procedure and treatment areas; Reception, waiting room, private offices, sterilization, and storage
