Bought with ZNonMember-Office-MLS
$1,295,000
$1,295,000
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0.47 Acres Lot
SOLD DATE : 08/17/2020
Key Details
Sold Price $1,295,000
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision Bonney Lake
MLS Listing ID 1626078
Sold Date 08/17/20
Style 73 - Office
Year Built 1991
Lot Size 0.471 Acres
Property Sub-Type Commercial Industrial
Property Description
Solid investment opportunity in the heart of Bonney Lake. 100% occupied office building with NNN leases provides stable income long into the future. Actual cap rate of 6.73% with lease escalations in place annually for each tenant. Building is in excellent condition with a new roof and resurfaced parking lot within the last few years.
Location
State WA
County Pierce
Area _109Laketappsbonne
Interior
Fireplace false
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