Share This Listing

Message

944 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

11401 Steele St S
Tacoma, WA 98444
 115th & Steele · Retail Property For Sale

Retail Buildings Washington Tacoma 11401 Steele St S, Tacoma, WA 98444

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • New Roof Installed 2025
  • 5 Mins from I-5
  • Commercial Employment Zoning

EXECUTIVE SUMMARY

116th Steele Street Center is a ±9,424 SF retail asset is positioned on a ±1.53-acre parcel in Tacoma, WA, just minutes from Joint Base Lewis-McChord and Interstate 5. This highly visible, well-maintained center features a strong mix of long-term, service-oriented tenants and benefits from CE(Commercial Employment) zoning, allowing for a wide range of office, and retail uses.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,412 SF
Building Class
C
Year Built
2005
Price
$5,513,884 CAD
Price Per SF
$585.84 CAD
Cap Rate
5.98%
NOI
$329,456 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
1.53 AC
Zoning
CE - Commercial employment
Parking
60 Spaces (6.37 Spaces per 1,000 SF Leased)
Frontage
557’ on Steele St S

AMENITIES

  • Bus Line
  • Pylon Sign
  • Signage
  • Drive Thru

PROPERTY TAXES

Parcel Number 031907-5011 Improvements Assessment $1,997,271 CAD
Land Assessment $1,563,388 CAD Total Assessment $3,560,659 CAD

PROPERTY TAXES

Parcel Number
031907-5011
Land Assessment
$1,563,388 CAD
Improvements Assessment
$1,997,271 CAD
Total Assessment
$3,560,659 CAD
 

  • Listing ID: 35890828

  • Date on Market: 2025-05-16

  • Last Updated:

  • Address: 11401 Steele St S, Tacoma, WA 98444

The Parkland Retail Property at 11401 Steele St S, Tacoma, WA 98444 is currently available. Contact CBRE for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

1 of 5
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW STREET
MAP
11401 Steele St S, Tacoma, WA for sale Primary Photo- Image 1 of 5
Primary Photo
11401 Steele St S, Tacoma, WA for sale Plat Map- Image 2 of 5
Plat Map
11401 Steele St S, Tacoma, WA for sale Building Photo- Image 3 of 5
Building Photo
11401 Steele St S, Tacoma, WA for sale Aerial- Image 4 of 5
Aerial

Connect with us

© 2025 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}
You can provide feedback any time using the Help button at the top of the page.