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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

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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
Walk Score®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
676200-2240
Land Assessment
$386,447 CAD
Improvements Assessment
$556,287 CAD
Total Assessment
$942,734 CAD
  • Listing ID: 38907122

  • Date on Market: 2025-12-26

  • Last Updated:

  • Address: 12202 Pacific Ave S, Tacoma, WA 98444

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