Log In/Sign Up
Your email has been sent.
Single-Tenant WA State Leased Office 206-208 W Poplar St 13,720 SF Office Building Walla Walla, WA 99362 $3,184,154 CAD ($232.08 CAD/SF) 7.92% Cap Rate
Executive Summary
Marcus & Millichap has been selected to exclusively market for sale the Washington State Department of Children, Youth & Families (DCYF) facility located at 206 & 208 W Poplar St in Walla Walla, Washington. The property consists of a standalone office building on 5 separate adjoining parcels totaling 0.85 acres. The property is located in downtown Walla Walla, across the street from Providence St. Mary Medical Center, the largest hospital in the Walla Walla Valley. The historic Marcus Whitman Hotel & Conference Center is located a half mile north of the property, and Whitman College is less than one mile to the northeast.
DCYF occupies the single-tenant building under a modified gross lease with the State of Washington (S&P/Fitch: AA+). The building was originally built-to-suit for the State of Washington and has been continuously occupied ever since. The property is in turnkey condition. As part of the 2024 lease renewal, a full slate of building improvements and renovations were completed. Most recently, the parking lot was resealed and restriped in April 2026. DCYF is a cabinet-level agency that works to support children, youth, and
families. It oversees the state's child welfare, juvenile rehabilitation, and early care and education programs.
DCYF occupies the single-tenant building under a modified gross lease with the State of Washington (S&P/Fitch: AA+). The building was originally built-to-suit for the State of Washington and has been continuously occupied ever since. The property is in turnkey condition. As part of the 2024 lease renewal, a full slate of building improvements and renovations were completed. Most recently, the parking lot was resealed and restriped in April 2026. DCYF is a cabinet-level agency that works to support children, youth, and
families. It oversees the state's child welfare, juvenile rehabilitation, and early care and education programs.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
13,720 SF
Building Class
B
Year Built
1979
Price
$3,184,154 CAD
Price Per SF
$232.08 CAD
Cap Rate
7.92%
NOI
$252,145 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
13,720 SF
Building FAR
0.37
Lot Size
0.85 AC
Zoning
Central Commercial (CC)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Home & Community Service
- Public Administration
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Home & Community Service | Public Administration | - | - | - |
1 1
Moderately walkable
70/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,388,813 CAD | |
| Land Assessment | $317,866 CAD | Total Assessment | $1,706,679 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$317,866 CAD
Improvements Assessment
$1,388,813 CAD
Total Assessment
$1,706,679 CAD
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Single-Tenant WA State Leased Office | 206-208 W Poplar St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.