15214 Canyon Rd E

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15214 Canyon Rd E

Puyallup, WA 98375
Asking Price
$9.93M
Cap Rate
6.25%
Asset Type
Medical Office Office
Class
Class B

What's Special

Office | 6.25% CAP | 20,614 SqFt <ul><li>​This 100%-leased medical office property offers investors a reliable income stream supported by long-term healthcare tenancy and strong market fundamentals. VMFH has been a cornerstone of the building's occupancy, providing institutional-grade stability and a well-recognized healthcare brand. The fully leased rent roll delivers predictable, in-place cash flow with minimal near-term rollover risk, making this an immediately accretive acquisition.</li><li>​The property offers an attractiv

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NOI
$80,000
Cap Rate
0.81%
DSCR
0.14
Underwater
Cash-on-Cash
-17.10%
Monthly Payment
$49,135.371
Annual Cash Flow
$-509,624.453

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