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Property profile & analytics
FOR SALE
Medical Office Space

9101 Bridgeport Way SW Tacoma, WA 98499

14,400 SF Built 1972
Property ID
US90-Q009468
Property summary
AI-generated overview

Gerling Professional Center is a stately, well-maintained complex of primarily medical tenants located in a park-like setting on the corner of Bridgeport Way and Gerlings Drive in Lakewood, WA. Situated on approximately an acre and a half of land, the four buildings comprise approximately 14,400sf: Building A is 2,800sf (plus unfinished lower floor, sf TBD), Building B is 4,300sf, Building C is 2,200sf, and Building D is 2,800sf (plus unfinished lower floor of +/-2,300sf). Of the four buildings, three are fully tenanted, one space is currently for lease, and one building is currently available for occupancy. There are ample, lighted parking lots at either end of the complex and a walkway through the property. The large lot offers development potential for an additional building at the back. The property is located within the desirable Central Business District (CBD) zone, and is close to both the Lakewood Towne Center and Lakewood Colonial Center. Beautiful Kiwanis Park is next door. Interstate-5 and Hwy 512 are minutes away. This information has been secured from sources believed to be reliable, however, no representations are made as to its accuracy. Prospective tenants or buyers should consult their professional advisors and conduct their own independent investigation. Properties are subject to change in price and/or availability without notice.

Property profile
Verified
Property type Medical Office Space
Year built 1972
Total area 14,400 SF
UPID US90-Q009468
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
  • Spencer Daniel J DDS Dental Office
  • Hayes Michelle Physician
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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