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818 39th Ave SW 19,994 SF 100% Leased Office Building Puyallup, WA 98373 $939,315 CAD ($46.98 CAD/SF) 4.98% Cap Rate
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$448,215
|
$22.42
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$448,215
|
$22.42
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$237,525
|
$11.88
|
| Net Operating Income |
$210,690
|
$10.54
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $448,215 |
| Annual Per SF | $22.42 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $448,215 |
| Annual Per SF | $22.42 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $237,525 |
| Annual Per SF | $11.88 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $210,690 |
| Annual Per SF | $10.54 |
PROPERTY FACTS
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Building Size
19,994 SF
Building Class
C
Year Built
1971
Price
$939,315 CAD
Price Per SF
$46.98 CAD
Cap Rate
4.98%
NOI
$46,815 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
19,994 SF
Building FAR
0.34
Lot Size
1.36 AC
Zoning
UCX - urban center mixed-use zone (UCX) is intended to allow a significant commercial component 5-7 story with residential mix. 22 units per acre. See MA
Parking
40 Spaces (2 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Monument Signage
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Chiropractic Sports Physicians
- Health Care and Social Assistance
- -
- -
- -
- -
- Drug Screens R Us
- Health Care and Social Assistance
- -
- -
- -
- -
- Dynamic Access Llc
- Services
- -
- -
- -
- -
- Elegant Salon
- Services
- -
- -
- -
- -
- Empower Tomorrow Therapy Services
- Health Care and Social Assistance
- -
- -
- -
- -
- M B Salon
- Services
- -
- -
- -
- -
- Mikayla Woolley
- -
- -
- $24.90 CAD
- Triple Net
- Mar 2030
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Chiropractic Sports Physicians | Health Care and Social Assistance | - | - | - | - | |
| Drug Screens R Us | Health Care and Social Assistance | - | - | - | - | |
| Dynamic Access Llc | Services | - | - | - | - | |
| Elegant Salon | Services | - | - | - | - | |
| Empower Tomorrow Therapy Services | Health Care and Social Assistance | - | - | - | - | |
| M B Salon | Services | - | - | - | - | |
| Mikayla Woolley | - | - | $24.90 CAD | Triple Net | Mar 2030 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,241,978 CAD | |
| Land Assessment | $2,881,670 CAD | Total Assessment | $5,123,648 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,881,670 CAD
Improvements Assessment
$2,241,978 CAD
Total Assessment
$5,123,648 CAD
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Presented by
Merritt Sampson Irrevocable Trust
818 39th Ave SW
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