5212 S Washington St - Warehouse FOR SALE


Tacoma, WA 98409- South Tacoma
$2,595,000 USD
253-722-1458
5212 S Washington St, Tacoma, WA for Sale
$2,595,000 USD
Warehouse - FOR SALE
1/2
null | 8.58% Cap Rate

5212 S Washington St
Tacoma, WA 98409
South Tacoma


HIGHLIGHTS

  • Strategically located just minutes from I-5, Highway 16, and the Port of Tacoma
  • The property's 12 x 14 grade-level doors, 20-foot clear heights, and flexible multi-tenant layout

OVERVIEW

The Rainstate Building presents a rare opportunity to acquire a well-positioned small bay industrial asset in the heart of Tacoma's established industrial corridor. With five existing tenants and a clear path to significantly increased income through traditional value-add practices, this 19,853 SF building offers both immediate cash flow and strong value-add upside.

FOR SALE DETAILS

PRICE

$2,595,000 USD

PRICE/SF

$131 USD /SF

CAP RATE

8.58%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

UTILITIES

-

CLEAR CEILING HT

22 Ft

DOCKS

-

DRIVE INS

6

PARKING SPACES

44

LAND DETAILS

LAND ACRES

0.67

LAND SF

29,295

ZONING

CIX-STGPD

APN/PARCEL ID

574000-0430,574000-0440

ASK ABOUT THIS PROPERTY

Matt McLennan, SIOR,CCIMKidder MathewsMore Info
253-722-1458

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Matt McLennan, SIOR,CCIMKidder MathewsMore Info
253-722-1458

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