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    FOR LEASE
    Medical Office Space

    2302 Union Ave, Tacoma, WA 98405

    14,271 SF 1.02 ac lot Built 1980
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US90-1693624
    No photos on file
    For Lease
    $3,230/Mo 1,762 SF available
    2302 Union Ave, Tacoma, WA 98405
    View Listing →
    Property summary
    AI-generated overview

    This exceptional 1,357 square foot medical office space is located within the Union Avenue Medical Building "C," a single-story, 14,271 square foot Class B building situated on 1.28 acres in Tacoma, Washington. Built in 1983 and renovated in 1996, the property boasts a prime location with convenient access to I-5 and Highway 16, providing easy commutes throughout Pierce and Kitsap Counties, connecting Tacoma, JBLM, and Puyallup. The building is part of a three-building medical, dental, and professional office campus, offering ample shared parking for tenants and visitors. The property is professionally managed and features well-maintained landscaped grounds, reflecting a commitment to a professional and attractive environment. The zoning is CCX-STGPD, and the Pierce County APN is 320076013. This is a single-tenant space within a multi-tenant building, offering a blend of independence and community within a thriving medical environment. The address is 2302 S Union Ave, Tacoma, WA 98405. This space presents a fantastic opportunity for medical or dental professionals seeking a well-established and conveniently located office.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1980
    Construction WOOD FRAME
    Total area 14,271 SF
    Lot 1.02 ac (44,605 SF)
    Zoning code CCX
    APN 320076013
    UPID US90-1693624
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Dr. David L. Mugleston, DDS Dental Office
    • Tacoma Roofing Roofing Company General Contractor
    • Kokich Orthodontics Dental Office
    • Dr. Vincent Kokich DDS Dental Office
    • Dr. Timothy Quinn DDS Dental Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $2.63M
    CAP Approach CAP
    $3.14M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.50M
    Owner & transaction history
    Building 5 LLC · 5 yrs held
    Building 5 LLC
    since 2020
    Last sale
    $2.5M
    5 recorded transactions
    2020
    $2.5M
    2019
    2017
    $1.8M
    2016
    1998
    Zoning & alternative use
    CCX · Tacoma, WA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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