Lakewood Professional Office
5926 100th St SW Lakewood, WA 98499
For Sale
$375,000
Pending
Professional/Medical office condo in Lakewood Professional Village, 1,125 SF.
Property Size1,125 SF
Days on Market400
Property Features for 5926 100th St SW
General Information
Standard status
Pending
Size
1,125 SF
Property subtype
Commercial
Building Details
Year Built
1972
Listing Agency:
COLDWELL BANKER COMMERCIAL DANFORTH
(253) 874-3200
Listed By:
DOMINIC TEMMEL · License #102158
Source:
Corcoran
Added: Jun 23, 2025
Changed: Jul 6
Last Checked: Jul 23 at 9:39AM
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 COLDWELL BANKER COMMERCIAL DANFORTH
Investment Insights
Based on property information with market context.
Located in the Lakewood Professional Village, this 1,125 square-foot office condo is suitable for owner-users. The property is situated in the heart of Lakewood, adjacent to Lakewood Towne Center, with convenient access to I-5 and Highway 512. The unit, identified as #27, is well-maintained. It is suitable for a variety of professional users, including attorneys, accountants, engineers, counselors, medical and dental professionals, estheticians, massage therapists, physical therapists, and other health and wellness practitioners.
Key Highlights
- Excellent owner‑user opportunity for professional/medical practices.
- Prime location in the heart of Lakewood, adjacent to Lakewood Towne Center.
- Convenient access to I‑5 and Highway 512.
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 | $30.9k | $27.48 |
| − Vacancy | −$4.3k | −$3.85 |
| EGI | $26.6k | $23.63 |
| − OpEx | −$10.6k | −$9.45 |
| NOI | $16.0k | $14.18 |
1,125 SF · lease $27.48/SF/yr · vacancy 14.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$227.9K
$199.4K – $265.9K
NOI $15,952 @ 7.0% cap · market cap 4.25%
Second Best
Office B
$227.6K
$199.2K – $265.6K
NOI $15,935 @ 7.0% cap · market cap 4.25%
Theoretical Best
Office A
$303.9K
$265.9K – $354.5K
NOI $21,270 @ 7.0% cap · market cap 5.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Vetco Total Care Animal Hospital — 5700 100th St SW, Lakewood, WA 98499
- Clover Park Veterinary Hospital — 6129 100th St SW, Lakewood, WA 98499
- 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/Medical office condo in Lakewood Professional Village, 1,125 SF.
Where is this medical office space located?
The property is located at 5926 100th St SW Lakewood, WA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Excellent owner‑user opportunity for professional/medical practices.; Prime location in the heart of Lakewood, adjacent to Lakewood Towne Center.; Convenient access to I‑5 and Highway 512.
