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

Recent improvements include a fully painted exterior, updated landscaping, new front-to-back walk path, and new building signage. Approximately half of the building has been freshly remodeled, including a ±1,800 SF Class B office suite that comes fully furnished with built-in desks and features four private offices, a conference room, and a dedicated storage room. This fully occupied, professionally maintained office complex offers stable income and a diverse tenant mix, delivering an approximate 6.5% in-place cap rate as a true turn-key investment. Conveniently located just off Pacific Avenue with easy access to Hwy 512 and I-5.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$365 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.