15203 8Th Ave, Burien, WA 98148
This exceptional two-story medical office building, located at 15203-15211 8th Ave S in Burien, WA 98148, offers a fantastic opportunity for medical professionals and other compatible businesses. The building, constructed in 1963, boasts a total of 14,768 square feet and sits on a 0.31-acre lot. Currently, there are multiple suites available, ranging from a minimum of 1,200 square feet to a maximum contiguous space of 4,370 square feet. The building is zoned RM-24 and is classified as Class C. Ideal for medical or dental practices, the space features existing exam rooms, making it move-in ready for many uses. Other suitable uses could include salons, spas, or esthetician offices. The property benefits from ample free on-site parking, a significant advantage in this area. Its strategic location provides convenient access to major freeways, SeaTac Airport, and the Tukwila Station Commuter Rail, ensuring excellent accessibility for both staff and clients. Nearby medical centers include St. Anne Hospital, Franciscan Health, and Kaiser Permanente, creating a synergistic environment for healthcare professionals. Water, sewer, and garbage services are included in the triple net (NNN) lease terms. The property's APN is 202304-9272. This is a rare opportunity to acquire a well-located, established medical office building in a thriving community.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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