Listing courtesy of Better Properties Fairwood
Property Description

Fantastic Opportunity to purchase turnkey Medical Building with long term tenant serving the Port of Tacoma and city of Fife. Property located on main arterial connecting Hwy 509 and I5. Building is located in Fife Industrial zone and has 5% CAP Rate. Current tenant is on lease until 2024 with options to extend until 2030. Ability to renegotiate on renewal for instant equity and CAP increase in the near future. See attached Offer Memorandum with recently updated 2021 financials for detailed listing info.

Address Map
USA
WA
Pierce
Fife
98424
54th Ave
502
Avenue
0
W123° 38' 32.8''
N47° 15' 11.5''
Additional Listing Information
E
70 - Fife
Exit HWY I5 on 54th ave E and head WEST. Subject p
Fife
Good
Provided
0
0
70 - Industrial
15017
2021
Flat
: Metal/vinyl
: Laminate
: Slab
: Sewer connected
: Public
Better Properties Fairwood
Vahan Sagoian
Active
NWM121311
0 Sqft
NWM6235

Commercial Sale For Sale

502 54th Ave Avenue, Fife, Washington 98424

0 Bedrooms
0 Bathrooms
38,913 Sqft
$2,950,000
NWMLS # #NWM1769370
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
NWMLS # : NWM1769370
Price : $2,950,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Year Built : 1984
Lot Area : 38,913 Sqft
Agent info
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