1441 Court A - Telecom Hotel/Data Hosting FOR SALE


Tacoma, WA 98402- Downtown Tacoma
$9,115,301 USD
510-388-4438
1441 Court A, Tacoma, WA for Sale
$9,115,301 USD
Telecom Hotel/Data Hosting - FOR SALE
1/4
null | 5.75% Cap Rate

1441 Court A
Tacoma, WA 98402
Downtown Tacoma


HIGHLIGHTS

  • Long-Term Industrial NNN Lease
  • Mission-Critical Data Center – Three-story reinforced concrete facility fully renovated in 2012
  • Strong Corporate Guarantee – Leased to DaVita, Inc. (NYSE: DVA), a Fortune 200 healthcare company
  • 18,732 SF on 0.21 Acres – Secure, high-spec infrastructure including UPS, generators, biometric security, and FM 200 fire suppression
  • Strategic Location – One mile from Interstate 5 and minutes to the Port of Tacoma
  • High Traffic Exposure – 200,000+ VPD on I-5; 20,000+ VPD downtown; 13,000+ VPD on Pacific Ave; 36,000+ VPD on Hwy 509

OVERVIEW

The Kase Group is pleased to present a rare opportunity to acquire the DaVita Data Center, a mission-critical, three-story facility located in downtown Tacoma, Washington. The property is leased to DaVita, Inc. under an industrial NNN lease with over 12 years remaining, expiring November 2032. The lease includes 2% annual rent escalations and four, 5-year renewal options, offering long-term stability and built-in income growth. DaVita, a Fortune 200 company with a $10B+ market cap, operates over 2,900 dialysis centers worldwide and is one of the most reliable healthcare credit tenants in the market. Built in 1923 and fully renovated in 2012, the 18,732 SF facility sits on a 0.21-acre site and includes high-capacity electrical (1200-amp), Eaton UPS, multiple generators, biometric security, FM 200 fire suppression, climate control, and redundant carrier connectivity. It serves as a critical data infrastructure asset for DaVita’s operations nationwide. The property is strategically located just one mile from Interstate 5 and near the Port of Tacoma, providing strong logistics access and visibility. It benefits from 200,000+ VPD on I-5, 20,000+ VPD in the immediate area, 13,000+ VPD on Pacific Avenue, and 36,000+ VPD on Highway 509. Downtown Tacoma continues to grow as a vibrant economic hub, supported by major employers such as True Blue Inc., Simpson, Roman Meal, Brown & Haley, and DaVita. The area is also in close proximity to leading companies like Microsoft, Amazon, Boeing, and Starbucks in nearby Seattle. The Port of Tacoma is one of the largest deep-water container ports in North America, and the city is home to top educational institutions including University of Washington Tacoma, University of Puget Sound, and Pacific Lutheran University. The surrounding demographics further support strong tenant demand, with 277,876 residents and an average household income of $87,509 within five miles, along with a significant daytime employee population of 136,963 in the same radius

FOR SALE DETAILS

PRICE

$9,115,301 USD

PRICE/SF

$487 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DaVita Data Center

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Telecom Hotel/Data Hosting

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1923

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

1

DRIVE INS

2

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.21

LAND SF

9,148

ZONING

DCC

APN/PARCEL ID

201402-0030

ASK ABOUT THIS PROPERTY

Jeff BraccoThe Kase GroupMore Info
510-388-4438

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Jeff BraccoThe Kase GroupMore Info
510-388-4438

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