12202 Pacific Ave S - Medical FOR SALE


Tacoma, WA 98444- Parkland
$2,200,000 USD
253-307-4677
12202 Pacific Ave S, Tacoma, WA for Sale
$2,200,000 USD
Medical - FOR SALE
1/10
null | 6.76% Cap Rate

12202 Pacific Ave S
Tacoma, WA 98444
Parkland


OVERVIEW

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

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$370 USD /SF

CAP RATE

6.76%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Share Complex

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

AC

APN/PARCEL ID

676200-2240

ASK ABOUT THIS PROPERTY

Cassandra DayC & J Realty LLCMore Info
253-307-4677

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Cassandra DayC & J Realty LLCMore Info
253-307-4677

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.