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1029 E Main Ave
Puyallup, WA 98372

Office Property For Sale

PROPERTY FACTS

Property Type
Office
Building Size
19,081 SF
Building Class
B
Year Built
2008
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,613 SF
Slab To Slab
12’
Building FAR
0.32
Lot Size
1.36 AC
Zoning
CG
Parking
145 Spaces (7.6 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Property Manager on Site
  • Signage
  • Waterfront
  • Central Heating
  • Drop Ceiling
  • Air Conditioning

About 1029 E Main Ave , Puyallup, WA 98372

Keller Williams Commercial Offenbecher is pleased to offer Riverwalk Plaza for sale. This Trophy investment opportunity is priced at $5,600,000, representing a 6.01% cap rate based upon existing leases in place. Riverwalk Plaza is a quality built, class “B”, suburban office building consisting of 19,081 rentable square feet on a 59,513 square foot parcel of land. The building was built in 2008, and has been 100% occupied for years. Stable tenants, all in place for several years, provide consistent revenues. Leases are all NNN, providing protection from future increases in operating costs. The Building and Premises have always been professionally managed to keep the property in first class condition. Located close, in a mixed use urban area that includes a variety of commercial and multifamily uses, while maintaining easy access to highways SR 512 and highway 167. Walking distance to several restaurants, shopping centers, and services. Close to the Puyallup Sound Transit station provides excellent transportation options for employees and customers.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
784500-0050
Land Assessment
$789,600
Improvements Assessment
$4,428,600
Total Assessment
$5,218,200
  • Listing ID: 14664484

  • Date on Market: 12/18/2018

  • Last Updated:

  • Address: 1029 E Main Ave, Puyallup, WA 98372

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