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21 Romance Hill Rd
Belfair, WA 98528

Franciscan Medical Clinic · Office Property For Sale

INVESTMENT HIGHLIGHTS

  • Cap Rate: 6.6%
  • Long-Term Tenants: Virginia Mason Franciscan Health, Peninsula Physical Therapy, and Belfair Dental have occupied their suites since 2009.
  • Business financials are available upon execution of the confidentiality agreement.
  • Excellent 1031 Exchange Opportunity
  • Recent Facade and New Signage Updates: New facelift transforms the exterior with new awnings above each suite entrance.
  • Strategic Location: Conveniently situated off WA-3 and Romance Hill Road, this location offers high visibility and easy access.

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
11,503 SF
Building Class
B
Year Built
2008
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
11,503 SF
Building FAR
0.07
Lot Size
4.00 AC
Zoning
MU
Parking
62 Spaces (5.39 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12332-50-90041
Land Assessment
$330,070
Improvements Assessment
$1,159,580
Total Assessment
$1,489,650
  • Listing ID: 31601741

  • Date on Market: 4/24/2024

  • Last Updated:

  • Address: 21 Romance Hill Rd, Belfair, WA 98528

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