Property summary
This exceptional 1,975 sq ft airplane hangar at Thun Field in Puyallup, WA (APN 8888877720), presents a unique owner-user or investment opportunity. Built in 2002 and renovated the same year, this single-story structure boasts a 13+ ft ceiling height, a spacious interior with ample storage, and a private bathroom. The hangar features a large bi-fold door, gas heat, and individual power. Situated at 16608 103rd Ave Ct E, Puyallup, WA 98374, its convenient location offers easy access to Hwy 512 and I-5. The property includes a ground lease expiring October 31, 2051, and benefits from 24/7 security and gated access. Currently vacant, this NNN lease property is priced at $388,050 ($196.48/sq ft). The asking price reflects a strong potential for return on investment. Month-to-month lease options are available. Rent bumps are included in the lease agreement. Buyer to verify all information.
Property profile
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Location
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Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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