1305 Tacoma Ave S - Office FOR SALE


Tacoma, WA 98402- Downtown Tacoma
$13,000,000 USD
206-947-1594
1305 Tacoma Ave S, Tacoma, WA for Sale
$13,000,000 USD
Office - FOR SALE
1/6
null | Request Cap Rate

1305 Tacoma Ave S
Tacoma, WA 98402
Downtown Tacoma


OVERVIEW

Lee & Associates is pleased to present the opportunity to purchase 1305 Tacoma Avenue in Tacoma, Washington. The property is competitively priced, and the Seller is reviewing offers as they are received. 1305 Tacoma Ave is conveniently located near transit and downtown amenities while offering suburban-level parking counts. The property is well-positioned for an owner/user to occupy up to 62,905 SF, for a value add buyer to lease the asset at market rates, or for a developer to begin repurposing the unleased portions of the building. Boasting the largest floor plates in Tacoma, six entrances, and secure parking under and adjacent to the building, the building provides unparalleled flexibility. It is presently and has historically been occupied by government tenants, which, up until recently has created a stable tenant base. New government leases are being negotiated for portions of the vacant space.

FOR SALE DETAILS

PRICE

$13,000,000 USD

PRICE/SF

$112 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

530

LAND DETAILS

LAND ACRES

1.56 AC

LAND SF

67,954 SF

ZONING

DR

APN/PARCEL ID

201311-0013,201311-0020

ASK ABOUT THIS PROPERTY

Harrison LairdLee & Associates Commercial Real Estate ServicesMore Info
206-947-1594

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Harrison LairdLee & Associates Commercial Real Estate ServicesMore Info
206-947-1594

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