2024 6th Ave - Freestanding FOR SALE


Tacoma, WA 98403- Central
$2,500,000 USD
206-898-1231
2024 6th Ave, Tacoma, WA for Sale
$2,500,000 USD
Freestanding - FOR SALE
1/5
null | Request Cap Rate

2024 6th Ave
Tacoma, WA 98403
Central


HIGHLIGHTS

  • Hard-corner retail location at a signalized intersection with strong traffic counts.
  • Positioned along Tacoma’s vibrant 6th Avenue corridor with established retail co-tenancy.
  • 40 parking stalls under lease provide convenient customer access.
  • Close to University of Puget Sound, Stadium High School, and major employment centers.
  • Quick access to I-705, I-5, and Highway 16 within minutes.
  • Surrounded by dense residential neighborhoods and strong consumer demographics.

OVERVIEW

This property presents a rare opportunity to acquire a high-visibility retail asset located at the signalized intersection of 6th Avenue and South Sprague Avenue in Tacoma, Washington. Positioned along one of Tacoma’s most active commercial corridors, the site benefits from strong daily traffic counts exceeding 28,000 vehicles combined, ensuring consistent exposure and accessibility. The building spans 13,300 square feet and sits on a prominent hard-corner lot, offering excellent ingress and egress. The property includes 40 parking stalls under lease, providing convenience for customers and employees. Surrounded by a dense residential population and a mix of national and regional retailers, the location supports strong consumer demand and retail synergy. With close proximity to the University of Puget Sound, Stadium High School, and major arterial routes, the property is well-suited for investors seeking a stable, income-producing asset in a thriving urban market. Drive times to I-705, I-5, and Highway 16 are under 7 minutes, enhancing regional connectivity.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$188 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.85 AC

LAND SF

37,026 SF

ZONING

NCX, Tacoma

APN/PARCEL ID

032006-1057,351500-0074

ASK ABOUT THIS PROPERTY

Blake WeberKidder MathewsMore Info
206-898-1231

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Blake WeberKidder MathewsMore Info
206-898-1231

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