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3519-3521 6th Ave 3,454 SF 75% Leased Retail Building Tacoma, WA 98406 $2,395,873 CAD ($693.65 CAD/SF) 6.03% Cap Rate
Investment Highlights
- 4 way intersection
- Modern retail design
- High traffic corner location
- 2026 Remodel
Executive Summary
The property at 3519 6th Ave in Tacoma, WA presents a compelling opportunity for investors or owner-users seeking a modern retail building in a high-visibility location.
Positioned on a prominent four-way intersection in North Tacoma, the property benefits from strong vehicle traffic, excellent visibility, and proximity to major transportation corridors. Retail space on main level are both occupied. One space remains available for occupancy. The building was fully remodeled in 2025–2026, delivering a modern retail environment with updated systems and infrastructure. Long term lease with Lamar for Billboard. Cap 6.03% on Pro-forma P&L.
Positioned on a prominent four-way intersection in North Tacoma, the property benefits from strong vehicle traffic, excellent visibility, and proximity to major transportation corridors. Retail space on main level are both occupied. One space remains available for occupancy. The building was fully remodeled in 2025–2026, delivering a modern retail environment with updated systems and infrastructure. Long term lease with Lamar for Billboard. Cap 6.03% on Pro-forma P&L.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
3,454 SF
Building Class
A
Year Built/Renovated
1924/2026
Price
$2,395,873 CAD
Price Per SF
$693.65 CAD
Cap Rate
6.03%
NOI
$144,471 CAD
Percent Leased
75%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.38
Lot Size
0.21 AC
Zoning
C2 - C-2: General Community Commercial District
Zoning also approved for I-502 recreational cannabis.
Parking
15 Spaces (4.34 Spaces per 1,000 SF Leased)
Frontage
183’ on 6th Avenue
Amenities
- Signage
- Storage Space
- Monument Signage
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Golden Oldies Records Tapes
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Golden Oldies Records Tapes | Retailer | - | - | - |
Walk Score®
Very Walkable (83)
Nearby Major Retailers
Property Taxes
| Parcel Number | 324500-2020 | Improvements Assessment | $52,298 CAD |
| Land Assessment | $646,749 CAD | Total Assessment | $699,047 CAD |
Property Taxes
Parcel Number
324500-2020
Land Assessment
$646,749 CAD
Improvements Assessment
$52,298 CAD
Total Assessment
$699,047 CAD
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Bexco Capital
3519-3521 6th Ave
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