1720 S 72nd St - Medical FOR SALE


Tacoma, WA 98408- South End
$1,600,000 USD
253-209-9999
1720 S 72nd St, Tacoma, WA for Sale
$1,600,000 USD
Medical - FOR SALE
1/2
null | Request Cap Rate

1720 S 72nd St
Tacoma, WA 98408
South End


HIGHLIGHTS

  • Conveniently located on S. 72nd St, near the I-5 on-ramp
  • Five suites, three of which are available for owner to occupy

OVERVIEW

Offered for sale is the stately Hermitage Court, a two-story Tacoma professional and medical office building located on South 72nd St near the I-5 on-ramp. Tacoma is the second largest city in the Puget Sound area. With a population of about 219,346, it’s the third most populated city in the state. The South Sound region, with a population of about 1 million, is considered the economic and cultural center. Tacoma is also situated conveniently about 30 miles between Seattle and Olympia along I-5. Heritage Court’s proximity to easy I-5 access is just one of the benefits. This multi-tenant property offers five leasable suites, three of which are currently available, creating an excellent opportunity for an owner-user or investor seeking immediate occupancy with additional income potential. Notably, the vacancies include spaces formerly occupied by a long-standing chiropractic clinic and a home health agency, underscoring the building’s established reputation as a destination for medical and professional tenants.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$115 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

47

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

C2

APN/PARCEL ID

934500-0523

ASK ABOUT THIS PROPERTY

Timothy JohnsonJohnson CommercialMore Info
253-209-9999

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Timothy JohnsonJohnson CommercialMore Info
253-209-9999

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