542 5Th Ave Sequim, WA 98382
High-return office complex, 100% occupied.
Description
- Added:
- Dec 11, 2024
- Days on Market:
- 391
Property Features for 542 5Th Ave
General Information
- Property type
- Medical offices
- Square Feet
- 4,320 SF
- Class
- A
- Lot Size
- 37,897 SF
Building Details
- Year Built
- 2007
- Buildings
- 1
- Stories
- 1
- Units
- 4
HighLights
- Class A, 4,320 sq ft office building in Sequim, WA.
- Built in 2007, single‑story, four units on a 0.87‑acre lot.
- 100% occupancy with medical and finance tenants; stable income stream.
- Lifestyle District (LD) zoning; asking price $1,650,000 ($381.94/sq ft), 7.26% pro‑forma cap rate, $119,866 pro‑forma NOI.
- NNN leases with credit‑rated tenants; lease terms 1‑5 years with rent bumps.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Sequim
- County
- Clallam
- State
- Washington
- Longitude
- -123.112632
- Latitude
- 48.084334