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Dark Walgreens | ±$2M Guaranteed Income 5602 Pacific Ave 14 000 pi² 100% Loué Commerce de détail Immeuble Tacoma, WA 98408 4 888 934 $ CAD (349,21 $ CAD/pi²) 11% Taux de capitalisation
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FAITS SAILLANTS DE L'INVESTISSEMENT
- The property is leased through September 30, 2030 under an Absolute Net Lease (NNN) with no landlord responsibilities whatsoever.
- Located at the intersection of Pacific & East 56th Avenue, with ±32,981 vehicles per day.
- Within a 5-mile radius, the population exceeds 283,000 with 109,716 households and an average household income of approximately $89,000.
- Situated in the Seattle-Tacoma MSA, one of the fastest-growing regions in the Pacific Northwest, with access to I-5 and proximity to downtown Tacoma.
RÉSUMÉ DE L'ANNONCE
We are pleased to present for sale the former Walgreens property located at 5602 Pacific Avenue, Tacoma, WA 98408 (the “Property”). The building consists of approximately 14,000 square feet, including a 4,000 square foot mezzanine, and is currently under an absolute net lease through September 30, 2030, with zero landlord responsibilities.
The Property benefits from high visibility and convenient access, with over 32,900 vehicles per day and draws from a population of over 283,000 residents within a 5-mile radius, with average household incomes of approximately $89,000.
The Property is located 3.7 miles south of Downtown Tacoma, a key economic and cultural hub for the Pacific Northwest. Additionally, the site is located near Joint Base Lewis-McChord (JBLM), one of the largest military installations on the West Coast. JBLM employs over 45,000 service members and civilian personnel, and supports more than 120,000 military retirees and over 29,000 military families, serving as a significant economic driver for the region.
This offering represents an attractive opportunity for investors seeking stable in-place income and longer-term value-add upside through repositioning or redevelopment. With strong local demographics, strategic regional connectivity, and major nearby employment anchors, the property is well-positioned in one of Washington’s most dynamic growth corridors.
Listed in conjunction with Brian Brockman, Bang Realty, 513-898-1551, wg@bangrealty.com, WA DRE Lic. 27380.
The Property benefits from high visibility and convenient access, with over 32,900 vehicles per day and draws from a population of over 283,000 residents within a 5-mile radius, with average household incomes of approximately $89,000.
The Property is located 3.7 miles south of Downtown Tacoma, a key economic and cultural hub for the Pacific Northwest. Additionally, the site is located near Joint Base Lewis-McChord (JBLM), one of the largest military installations on the West Coast. JBLM employs over 45,000 service members and civilian personnel, and supports more than 120,000 military retirees and over 29,000 military families, serving as a significant economic driver for the region.
This offering represents an attractive opportunity for investors seeking stable in-place income and longer-term value-add upside through repositioning or redevelopment. With strong local demographics, strategic regional connectivity, and major nearby employment anchors, the property is well-positioned in one of Washington’s most dynamic growth corridors.
Listed in conjunction with Brian Brockman, Bang Realty, 513-898-1551, wg@bangrealty.com, WA DRE Lic. 27380.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
14 000 pi²
Classe d’immeuble
B
Année de construction
2005
Prix
4 888 934 $ CAD
Prix par pi²
349,21 $ CAD
Taux de capitalisation
11%
Revenu net d’exploitation
537 783 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,47
Taille du lot
0,69 AC
Zonage
C2, Tacoma - Zonage commercial
Stationnement
40 places (2,86 places par 1 000 pi² loué)
Façade
COMMODITÉS
- Affichage
- Service au volant
Walk Score®
Très pratique à pied (72)
PRINCIPAUX DÉTAILLANTS À PROXIMITÉ
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 4 164 307 $ CAD | |
| Évaluation du terrain | 1 158 820 $ CAD | Évaluation totale | 5 323 127 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
1 158 820 $ CAD
Évaluation des bâtiments
4 164 307 $ CAD
Évaluation totale
5 323 127 $ CAD
(619) 297-0055
x302
CONTACTS
-
Jason Pongsrikul -
Chris Barry -
Pharma Property Group- Drugstore Specialists
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Présenté par
Dark Walgreens | ±$2M Guaranteed Income | 5602 Pacific Ave
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