Mission Veterinary Partners Anchored Office | 22014 7th Ave S
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Mission Veterinary Partners Anchored Office 22014 7th Ave S
9,149 SF 89% Leased Office Building Des Moines, WA 98198 $4,100,000 ($448/SF) 7.28% Cap Rate
Investment Highlights
- Mission Veterinary Partners: Mission Veterinary Partners is one of the leading networks of vet-owned and managed general practice animal hospitals.
- Favorable Demographics: Des Moines contains a growing population, including families and professionals, supporting a strong client base for healthcare
- Highway Proximity: The property is conveniently located near State Route 509 and Interstate 5, providing seamless access to major highways.
- Potential Credit Enhancement: It has been reported that two of Shore Capital Partner’s veterinary platforms may merge.
- Population Growth: The city has experienced consistent population growth, attracting new residents seeking access to healthcare, retail,and recreation
- Nearby Retail: The property is near prominent retail centers, including Walmart, Target, and Safeway, along with numerous local dining options.
Executive Summary
Brian Brockman
License No. 21256 (WA)
(866) 889-0550
Bang Realty, Inc.
11427 Reed Hartman Hwy Suite 236,
Cincinnati, OH 45241
License No. 21256 (WA)
(866) 889-0550
Bang Realty, Inc.
11427 Reed Hartman Hwy Suite 236,
Cincinnati, OH 45241
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
9,149 SF
Building Class
B
Year Built
1982
Price
$4,100,000
Price Per SF
$448
Cap Rate
7.28%
NOI
$298,284
Percent Leased
89%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
9,149 SF
Building FAR
0.27
Lot Size
0.77 AC
Amenities
- Bus Line
- Signage
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Suite 202: 750 SF
Suite 203: 750 SF
Suite 301 – 300 SF
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 202 | 750 SF | Office | Partial Build-Out | Now |
| 2nd Fl-Ste 203 | 750 SF | Office | Partial Build-Out | Now |
| 3rd Fl-Ste 301 | 300 SF | Office | Partial Build-Out | Now |
2nd Fl-Ste 202
| Size |
| 750 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
2nd Fl-Ste 203
| Size |
| 750 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
3rd Fl-Ste 301
| Size |
| 300 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
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STREET VIEW
STREET
MAP
2nd Fl-Ste 202
| Size | 750 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
Suite 202: 750 SF
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2nd Fl-Ste 203
| Size | 750 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
Suite 203: 750 SF
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STREET
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3rd Fl-Ste 301
| Size | 300 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
Suite 301 – 300 SF
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Walk Score ®
Very Walkable (86)
PROPERTY TAXES
| Parcel Number | 200900-3690 | Improvements Assessment | $885,100 |
| Land Assessment | $483,000 | Total Assessment | $1,368,100 |
PROPERTY TAXES
Parcel Number
200900-3690
Land Assessment
$483,000
Improvements Assessment
$885,100
Total Assessment
$1,368,100
Contacts
-
Andrew Evans -
Michael Moreno -
Rahul Chhajed -
Tyler Swade -
Matthews Real Estate Investment Services
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Mission Veterinary Partners Anchored Office | 22014 7th Ave S
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