11006 Pacific Ave S, Tacoma, Washington 98444

Sale Information

Asking Price: $2,100,000

Building Size: 11,103 SQ FT

Lot Size: 111514

Cost per Square Foot: $189.14

Cap Rate: 5.66%

NOI: $118,877.91

Property Overview

50- Yard line location, situated just south of SR 512 and north of 112th st on Pacific Ave. Next door to McDonald's and QFC shopping center, high traffic counts of +/- 126,000 CPD (Pacific Ave & HWY 512 intersection). Good income, with great income potential, by re-tenanting and/or tightening up lease agreements. 2 parcels include 3 buildings and PLENTY of parking. Pacific Pride is one tenant on it's own parcel and the remaining tenants are on the back parcel, tenants are all long term tenants and have a strong desire to stay. Other opportunities include a redevelopment play with the CMUD (Pierce County) zoning. Great signage and visibility from both HWY 512 and Pacific Ave.

Built: 1958

Occupancy: 85%

Property Details

Broker Information

Keller Williams Commercial
Michael Armanious, CCIM

7525 28th St W
University Place, Washington 98466