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Office Medical

Northwest Corporate Park

7901 Skansie Ave, Gig Harbor, WA 98335

Listing Price: $3,680,000

Cap Rate
5.31%
Gross SF
15,060
Rentable SF
15,060
Price/Gross SF
$244.36
Occupancy
100.0%
Year Built
2000
Lot Size
1.20 acres

Investment Overview

Constructed in 2000, this Class
B office building encompasses 15,060 square feet
distributed across 9 suites, catering to a diverse
range of medical-focused tenants. Undergoing
continual enhancements and tenant improvements,
this office asset has consistently upheld its
reputation as the preferred destination for medical
tenants with evolving space requirements.
Situated on a hard corner with a generous 1.2-acre,
the property enjoys unparalleled access to SR-
16, the major transportation route in Gig Harbor.
The well-maintained building features a modern
design and ample parking, serving as a comfortable
and convenient alternative to downtown Tacoma
options. With the combination of high-quality
office space in addition to its strategic location,
the Gig Harbor Medical Center offers investors a
near-stabilized entry into Gig Harbor’s growing
submarket.

Investment Highlights

  • NEAR FULLY LEASED WITH VALUE-ADD OPPOR TUNITY At an 88% occupancy rate, this asset presents a compelling investment with substantial upside potential.
  • EXCELLENT LOCATION With direct access to SR-16 boasting a daily vehicle count of 79,769, the Northwest Corporate Park ensures both visibility and convenience for tenants and clients alike.
  • AFFLUENT SUBMARKET With a median income of $109,920 in a 3 mile radius, Gig Harbor stands out as a premier location for businesses looking for an established consumer base.

Exclusively Listed By

Financing By

Office Medical

Northwest Corporate Park

Listing Price: $3,680,000

Cap Rate
5.31%
Gross SF
15,060
Rentable SF
15,060
Price/Gross SF
$244.36
Occupancy
100.0%
Year Built
2000
Lot Size
1.20 acres

Investment Highlights

  • NEAR FULLY LEASED WITH VALUE-ADD OPPOR TUNITY At an 88% occupancy rate, this asset presents a compelling investment with substantial upside potential.
  • EXCELLENT LOCATION With direct access to SR-16 boasting a daily vehicle count of 79,769, the Northwest Corporate Park ensures both visibility and convenience for tenants and clients alike.
  • AFFLUENT SUBMARKET With a median income of $109,920 in a 3 mile radius, Gig Harbor stands out as a premier location for businesses looking for an established consumer base.

Investment Overview

Constructed in 2000, this Class B office building encompasses 15,060 square feet distributed across 9 suites, catering to a diverse range of medical-focused tenants. Undergoing continual enhancements and tenant improvements, this office asset has consistently upheld its reputation as the preferred destination for medical tenants with evolving space requirements. Situated on a hard corner with a generous 1.2-acre, the property enjoys unparalleled access to SR- 16, the major transportation route in Gig Harbor. The well-maintained building features a modern design and ample parking, serving as a comfortable and convenient alternative to downtown Tacoma options. With the combination of high-quality office space in addition to its strategic location, the Gig Harbor Medical Center offers investors a near-stabilized entry into Gig Harbor’s growing submarket.

Exclusively Listed By

Financing By

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