Marysville Health Center Investment
7825 47th Ave NE Marysville, WA 98270
For Sale
$1,750,000
Pending
Fully leased medical/dental building in Marysville, Washington.
Property Size6,065 SF
Days on Market421
Property Features for 7825 47th Ave NE
General Information
Standard status
Pending
Size
6,065 SF
Property subtype
Commercial
Building Details
Year Built
1976
Listing Agency:
COMPASS WASHINGTON
Listed By:
BEN KAUFMAN
Source:
Corcoran
Added: Jun 3, 2025
Changed: Jul 6
Last Checked: Jul 23 at 9:15AM
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 COMPASS WASHINGTON
Investment Insights
Based on property information with market context.
The Marysville Health Center is a 6,065-square-foot medical/dental building. The property is 100% leased and features a tenant mix that includes two established dental practices and a personal fitness business. The facility features a shared lobby. The building is located near downtown Marysville, the Tulalip Resort Casino, and the Seattle Premium Outlets, offering visibility and accessibility. Architectural features include high ceilings and exposed wood beams. The landscaping is attractive. There are 44 dedicated parking spaces.
Key Highlights
- 100% leased medical/dental building providing immediate income.
- Strong tenant mix with established dental practices and a fitness business.
- Strategically located near downtown Marysville, Tulalip Resort Casino, and Seattle Premium Outlets.
Financial Insights For Office B
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 | $165.9k | $27.36 |
| − Vacancy | −$21.9k | −$3.61 |
| EGI | $144.0k | $23.75 |
| − OpEx | −$36.0k | −$5.94 |
| NOI | $108.0k | $17.81 |
6,065 SF · lease $27.36/SF/yr · vacancy 13.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.54M
$1.35M – $1.80M
NOI $108,026 @ 7.0% cap · market cap 6.17%
Second Best
Healthcare Medical
$1.27M
$1.11M – $1.48M
NOI $88,800 @ 7.0% cap · market cap 5.07%
Theoretical Best
Office A
$1.69M
$1.48M – $1.97M
NOI $118,400 @ 7.0% cap · market cap 6.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Cascade Veterinary Center, PS — 921 State Ave, Marysville, WA 98270
- Burlingame William DVM — 1263 state ave, marysville, wa 98270
- Hoffman Arthur N DVM — 921 State Ave, Marysville, WA 98270
- Thompsen Stacy DVM — 1263 State Ave, Marysville, WA 98270
Frequently Asked Questions
What type of property is this?
Medical Office Space - Fully leased medical/dental building in Marysville, Washington.
Where is this medical office space located?
The property is located at 7825 47th Ave NE Marysville, WA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 100% leased medical/dental building providing immediate income.; Strong tenant mix with established dental practices and a fitness business.; Strategically located near downtown Marysville, Tulalip Resort Casino, and Seattle Premium Outlets.