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    FOR LEASE
    Office Spaces

    5775 Soundview Dr, Gig Harbor, WA 98335

    10,504 SF 1.23 ac lot Built 1993
    Entity Owned 6-yr Hold Free & Clear
    Property ID
    US90-0954335
    5775 Soundview Dr, Gig Harbor, WA 98335 For Lease
    $20 SF/Yr 1,383 SF available
    5775 Soundview Dr, Gig Harbor, WA 98335
    View Listing →
    Property summary
    AI-generated overview

    This exceptional Gig Harbor office portfolio, located at 5775 Soundview Dr, 98335, offers a diverse range of leasing opportunities within four buildings totaling 51,377 square feet. Situated on a generous 4.16-acre lot in the CBA N. Seattle submarket of Pierce County, Washington, this property provides ample parking for tenants and visitors. The portfolio features traditional office space, ideal for a variety of businesses. Multiple tenancies are available, with spaces ranging from a minimum of 1,050 square feet to a maximum contiguous space of 2,752 square feet. Currently, 10,479 square feet of space is vacant and ready for immediate occupancy. The property's location in Gig Harbor offers excellent access to major transportation routes and amenities. This is a unique opportunity to secure high-quality office space in a desirable location. Six individual spaces are currently available for lease, providing flexibility for businesses of various sizes. The property is classified as both retail and office, offering versatile options for potential tenants. Contact us today to learn more about this exceptional leasing opportunity.

    Property profile
    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    Year built 1993
    Construction WOOD FRAME
    Total area 10,504 SF
    Lot 1.23 ac (53,579 SF)
    Zoning code B-2
    APN 4000060020
    UPID US90-0954335
    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
    • Chocotelegram® (Bike/Boat/Book/etc) Store
    • Sarah Husby Real Estate Agency
    • Ticor Title Company Notary Public Real Estate School
    • Larson Financial & Insurance: Allstate Insurance Insurance Agency
    • Mariel Kraus Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $1.92M
    Comparable Approach Comparable
    $1.35M
    Blend (final) Blend
    $1.74M
    Owner & transaction history
    Donkey Creek Holdings LLC · 6 yrs held
    Donkey Creek Holdings LLC
    since 2019
    3 recorded transactions
    2019
    $8.2M
    2003
    1969
    Zoning & alternative use
    B-2 · Gig Harbor, WA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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