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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

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
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
676200-2240
Land Assessment
$391,469 CAD
Improvements Assessment
$563,516 CAD
Total Assessment
$954,984 CAD
  • Listing ID: 38907122

  • Date on Market: 2025-12-26

  • Last Updated:

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

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