Log In/Sign Up
Your email has been sent.
Share Complex 12202 Pacific Ave S 5,938 SF 100% Leased Office Building Tacoma, WA 98444 $3,047,528 CAD ($513.22 CAD/SF) 6.76% Cap Rate



Executive Summary
Fully Leased or ±1,822 SF Available — seller willing to lease back or vacate, offering flexibility for investors or owner-users
Approx. 6.75% In-Place Cap Rate with stable, in-place income
Turn-Key Asset — professionally maintained with strong operating history
Over $650,000 in Capital Improvements (2024) — significant recent reinvestment reduces near-term capital risk
Extensively Remodeled Office Space — ±1,800 SF Class B suite, fully furnished with built-in desks, four private offices, conference room, and dedicated storage
Diverse Tenant Mix — minimizes rollover risk and supports long-term stability
Prime Pacific Avenue Corridor Location — excellent visibility and accessibility
Immediate Freeway Access — quick connectivity to Hwy 512 and I-5
Attractive Owner-User or Passive Investment Opportunity with future upside
Approx. 6.75% In-Place Cap Rate with stable, in-place income
Turn-Key Asset — professionally maintained with strong operating history
Over $650,000 in Capital Improvements (2024) — significant recent reinvestment reduces near-term capital risk
Extensively Remodeled Office Space — ±1,800 SF Class B suite, fully furnished with built-in desks, four private offices, conference room, and dedicated storage
Diverse Tenant Mix — minimizes rollover risk and supports long-term stability
Prime Pacific Avenue Corridor Location — excellent visibility and accessibility
Immediate Freeway Access — quick connectivity to Hwy 512 and I-5
Attractive Owner-User or Passive Investment Opportunity with future upside
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
5,938 SF
Building Class
B
Year Built
1964
Price
$3,047,528 CAD
Price Per SF
$513.22 CAD
Cap Rate
6.76%
NOI
$205,922 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,969 SF
Building FAR
0.59
Lot Size
0.23 AC
Zoning
AC
Amenities
- Bus Line
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Daheim Injury LLC
- Administrative and Support Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Emerald Counseling PLLC
- Health Care and Social Assistance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Frantz Aviation
- Administrative and Support Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Grunts Roofing LLC
- Construction
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- North Lights LLC
- Administrative and Support Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Rosalynn Jones Salon
- Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Share Investments LLC
- Real Estate
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Tactical Tailor
- Manufacturing
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Daheim Injury LLC | Administrative and Support Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Emerald Counseling PLLC | Health Care and Social Assistance | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Frantz Aviation | Administrative and Support Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Grunts Roofing LLC | Construction | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| North Lights LLC | Administrative and Support Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Rosalynn Jones Salon | Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Share Investments LLC | Real Estate | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Tactical Tailor | Manufacturing | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 676200-2240 | Improvements Assessment | $563,516 CAD |
| Land Assessment | $391,469 CAD | Total Assessment | $954,984 CAD |
Property Taxes
Parcel Number
676200-2240
Land Assessment
$391,469 CAD
Improvements Assessment
$563,516 CAD
Total Assessment
$954,984 CAD
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
C & J Realty LLC
Share Complex | 12202 Pacific Ave S
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
