Freestanding Office
For Lease
Contact for pricing
502 54th Ave E, Fife, WA 98424
Freestanding, divisible office space with new roof, updated HVAC, and parking for employee and client access.
Property Size6,820 SF
Days on Market135
Property Features for 502 54th Ave E
General Information
Standard status
Active
Size
6,820 SF
Property subtype
OFFICE
Lease Type
SF/yr
Space & Availability
Divisible
Yes
Space Use
Office
Lease Terms
Lease Rate
$12 /USD/SF/YR
Rent per SF/Year
$12
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
yard space
Building Details
Tenancy
Multi
Parking Ratio
4 per 1,000 SF
Listing Agency:
Lee & Associates Commercial Real Estate Services
(253) 238-2844
Listed By:
Vanessa Herzog, SIOR, CCIM
(253) 279-7831
Source:
Moodyscre
Added: Mar 18
Changed: Jul 30
Last Checked: Jul 30 at 1:33AM
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 Lee & Associates Commercial Real Estate Services
Investment Insights
Based on property information with market context.
Freestanding office building offered for lease, designed for financial or other professional users. The space is divisible, providing flexibility for multiple tenants or smaller users. Recent upgrades include a new roof and HVAC improvements. The property also offers abundant on-site parking (approximately 4 stalls per 1,000 SF) and potential yard space for added flexibility.
The building has frontage along 54th Ave E, supporting straightforward access for employees and clients. It is positioned for regional connectivity to the Port of Tacoma, SR-509, and the SR-167 interchange.
With its divisible configuration, upgraded roof and HVAC, and parking, this property can support a range of professional office setups, from single-tenant operations to smaller, multi-tenant arrangements.
The building has frontage along 54th Ave E, supporting straightforward access for employees and clients. It is positioned for regional connectivity to the Port of Tacoma, SR-509, and the SR-167 interchange.
With its divisible configuration, upgraded roof and HVAC, and parking, this property can support a range of professional office setups, from single-tenant operations to smaller, multi-tenant arrangements.
Key Highlights
- Divisible freestanding office building suitable for professional users
- New roof and HVAC improvements
- Approximately 4 stalls per 1,000 SF on‑site parking
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
127
Businesses Nearby
Explore this area
Business Placement
Demographics for 98424, WA
12,132
Population
4,558
Households
2.7
Avg Household Size
33
Median Age
28%
College-Educated
91%
High-School Grad
6.3 sq mi
ZIP Area
1,926
Density / Sq Mi
$93,633
Median Household Income
$52,250
Median Earnings
$1,836
Median Rent
$497,400
Median Home Value
Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office building - Freestanding, divisible office space with new roof, updated HVAC, and parking for employee and client access.
Where is this office building located?
The property is located at 502 54th Ave E Fife, WA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Divisible freestanding office building suitable for professional users; New roof and HVAC improvements; Approximately 4 stalls per 1,000 SF on‑site parking
