Spanaway Court Office Building

Office
Pending

18407 Pacific Ave S, SpanawayWA 98387

Property Details

Location

Address
18407 Pacific Ave S, SpanawayWA 98387
County
Pierce
Submarket
CBA Spanaway
Parcels
7816400040
Business Park
Spanaway Court Office Condominiums

Building Size

Building Size
24,064 SF
Office Space
24,064 SF
Rentable Space
24,064 SF

Building Details

Type
 Office  
 Pending
Number of Buildings
1
Number of Units
24
Occupancy Type
Multi-tenant
Percent Occupied
Building Class
B
Building Status
Existing
Floors
2
Elevators
Not present
Year Built
1985
Sprinklers
Yes
Total Parking
74
Parking Ratio
Security System
No

Land & Utilities

Land (Acres)
1.39 Acres
Land (SF)
60,548 SF
Rail Service
No
Zoning
CE
Lot Depth
Lot Width

Contacts

Public Remarks

Great exposure, with high traffic counts.

Current Listings

Spanaway Court

$2,450,000
Cap Rate: 9.07%

Marcus & Millichap has been retained to exclusively offer for sale the fee simple interest in Spanaway Court (the “Property”), a multi-tenant office building located along Pacific Avenue S (SR-7) in Spanaway, Washington. Built in 1985, the Property is two stories and consists of twenty-four (24) suites, each of which are approximately 1,000 square feet and have been condominiumized to allow for future potential sell-off of individual condos. The wood frame and tile roof structure sits on a 1.39 acre parcel with metal fence surrounding and sixty-four (64) parking stalls. Tax iD #: 7816400010; 7816400020; 7816400030; 7816400040; 7816400050

Marcus & Millichap has been retained to exclusively offer for sale the fee simple interest in Spanaway Court (the “Property”), a multi-tenant office building located along Pacific Avenue S (SR-7) in Spanaway, Washington. Built in 1985, the Property is two stories and consists of twenty-four (24) suites, each of which are approximately 1,000 square feet and have been condominiumized to allow for future potential sell-off of individual condos. The wood frame and tile roof structure sits on a 1.39 acre parcel with metal fence surrounding and sixty-four (64) parking stalls. Tax iD #: 7816400010; 7816400020; 7816400030; 7816400040; 7816400050

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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CBA

Source: Commercial Brokers Association (CBA)

More Information

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