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Share Complex 12202 Pacific Ave S 5,938 SF 100% Leased Office Building Tacoma, WA 98444 $3,008,434 CAD ($506.64 CAD/SF) 6.76% Cap Rate



EXECUTIVE SUMMARY
Recent improvements include a fully painted exterior, updated landscaping, new front-to-back walk path, and new building signage. Approximately half of the building has been freshly remodeled, including a ±1,800 SF Class B office suite that comes fully furnished with built-in desks and features four private offices, a conference room, and a dedicated storage room. This fully occupied, professionally maintained office complex offers stable income and a diverse tenant mix, delivering an approximate 6.5% in-place cap rate as a true turn-key investment. Conveniently located just off Pacific Avenue with easy access to Hwy 512 and I-5.
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/Renovated
1964/2024
Price
$3,008,434 CAD
Price Per SF
$506.64 CAD
Cap Rate
6.76%
NOI
$203,280 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
1 1
Walk Score®
Very Walkable (76)
PROPERTY TAXES
| Parcel Number | 676200-2240 | Improvements Assessment | $556,287 CAD |
| Land Assessment | $386,447 CAD | Total Assessment | $942,734 CAD |
PROPERTY TAXES
Parcel Number
676200-2240
Land Assessment
$386,447 CAD
Improvements Assessment
$556,287 CAD
Total Assessment
$942,734 CAD
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Presented by
C & J Realty LLC
Share Complex | 12202 Pacific Ave S
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