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4916 Center St 20,321 SF 100% Leased Retail Building Tacoma, WA 98409 $12,486,600 CAD ($614.47 CAD/SF) 6.17% Cap Rate
EXECUTIVE SUMMARY
Prime West End Location along high-traffic Center St with
excellent visibility and direct access to Hwy-16.
Established Multi-Tenant Retail Center serving a dense
residential and commuter trade area.
Strong Traffic Counts and consistent customer flow driven by
major arterials and surrounding commercial synergy.
Diverse Tenant Mix suitable for retail, service, food, and
professional office, offering long-term leasing flexibility.
Stable Income Stream with opportunity to increase rents to
market and improve tenant mix.
Ample Surface Parking with easy ingress/egress supporting high
customer capture rate.
Hard-to-Find Tacoma Retail Asset in a tight market with strong
demographics and long-term growth projections.
excellent visibility and direct access to Hwy-16.
Established Multi-Tenant Retail Center serving a dense
residential and commuter trade area.
Strong Traffic Counts and consistent customer flow driven by
major arterials and surrounding commercial synergy.
Diverse Tenant Mix suitable for retail, service, food, and
professional office, offering long-term leasing flexibility.
Stable Income Stream with opportunity to increase rents to
market and improve tenant mix.
Ample Surface Parking with easy ingress/egress supporting high
customer capture rate.
Hard-to-Find Tacoma Retail Asset in a tight market with strong
demographics and long-term growth projections.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Building Size
20,321 SF
Building Class
C
Year Built/Renovated
1988/1995
Price
$12,486,600 CAD
Price Per SF
$614.47 CAD
Cap Rate
6.17%
NOI
$770,432 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
1.88 AC
Zoning
C2
Parking
128 Spaces (6.3 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 613500-0191 | Improvements Assessment | $6,295,883 CAD |
| Land Assessment | $2,147,002 CAD | Total Assessment | $8,442,884 CAD |
PROPERTY TAXES
Parcel Number
613500-0191
Land Assessment
$2,147,002 CAD
Improvements Assessment
$6,295,883 CAD
Total Assessment
$8,442,884 CAD
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4916 Center St
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