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542-544 N 5th Ave 4,320 SF 58% Leased Office Building Sequim, WA 98382 $2,303,268 CAD ($533.16 CAD/SF) 7.07% Cap Rate
INVESTMENT HIGHLIGHTS
- High traffic area
- High quality tenants
- Great visability
- High quality leases
EXECUTIVE SUMMARY
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
- Signage
- Accent Lighting
- Reception
- Central Heating
- Partitioned Offices
- Recessed Lighting
- Hardwood Floors
- Air Conditioning
- Smoke Detector
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Cardinal Financial
- Finance and Insurance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- NW Beauty RX
- Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Payne Law
- Professional, Scientific, and Technical Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Cardinal Financial | Finance and Insurance | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| NW Beauty RX | Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Payne Law | Professional, Scientific, and Technical Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Located in the 5th Ave Plaza, this property sits at the heart of Sequim’s thriving medical and professional hub, offering excellent visibility in a high-traffic area. The unit boasts abundant natural light and modern amenities, including raised floors with easy wiring and plumbing access, hardwood floors, heating, and air conditioning, creating an ideal environment for customization. Perfectly suited for medical, finance, or professional services, this space is designed to meet diverse needs. Looking to tailor this unit to your specifications? We have extensive experience working with many of our tenants on improvements, ensuring a seamless process from concept to completion.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 544 | 1,824 SF | Office/Medical | Full Build-Out | Now |
1st Fl-Ste 544
| Size |
| 1,824 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 544
| Size | 1,824 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | Now |
Located in the 5th Ave Plaza, this property sits at the heart of Sequim’s thriving medical and professional hub, offering excellent visibility in a high-traffic area. The unit boasts abundant natural light and modern amenities, including raised floors with easy wiring and plumbing access, hardwood floors, heating, and air conditioning, creating an ideal environment for customization. Perfectly suited for medical, finance, or professional services, this space is designed to meet diverse needs. Looking to tailor this unit to your specifications? We have extensive experience working with many of our tenants on improvements, ensuring a seamless process from concept to completion.
PROPERTY TAXES
| Parcel Number | 80927 | Improvements Assessment | $359,575 CAD (2025) |
| Land Assessment | $71,069 CAD (2025) | Total Assessment | $430,645 CAD (2025) |
PROPERTY TAXES
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542-544 N 5th Ave
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