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1625 Cooper Point Rd SW 3,402 SF Office Building Olympia, WA 98502 $2,076,105 CAD ($610.26 CAD/SF) 6% Cap Rate
Investment Highlights
- Remodeled in 2002
- Attractive region for healthcare and vision-care investments
- Fully stabilized asset with quality tenancy
Executive Summary
100% leased medical office asset in Olympia Submarket
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
3,402 SF
Building Class
C
Year Built/Renovated
1985/2002
Price
$2,076,105 CAD
Price Per SF
$610.26 CAD
Cap Rate
6%
NOI
$124,566 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,402 SF
Building FAR
0.14
Lot Size
0.57 AC
Zoning
HDC-4
Parking
18 Spaces (5.29 Spaces per 1,000 SF Leased)
1 1
Moderately walkable
70/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 12821240306 | Improvements Assessment | $446,101 CAD |
| Land Assessment | $841,860 CAD | Total Assessment | $1,287,960 CAD |
Property Taxes
Parcel Number
12821240306
Land Assessment
$841,860 CAD
Improvements Assessment
$446,101 CAD
Total Assessment
$1,287,960 CAD
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1625 Cooper Point Rd SW
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