MLS #2512268 / Listing provided by NWMLS & Kidder Mathews.
$3,710,000
7030 Pacific Avenue
Tacoma,
WA
98408
Year Built
Pleased to present the opportunity to acquire Seventy Two Pacific, a 22,996 SF retail center located near the signalized intersection of E 72nd St & Pacific Ave with excellent visibility & traffic exposure, with over 42,000+ vehicles per day. The offering includes two existing buildings, a fully-leased 4-tenant retail center providing immediate cash flow at a 6.75% in-place cap rate, and an adjacent 18,442 SF recently vacant retail building offered well below replacement cost at $105/SF, providing flexibility for an owner-user, value-add investor, or developer. Additionally, permits have been submitted for a 3,000 SF retail building to be constructed on the south end of the parcel, providing future upside.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: Yes
Parking
- Parking Total: 0
Lot Details
- Acres: 1.7552
Lot Details
- Acres: 1.7552
Power
- Energy Source: See Remarks
Water, Sewer, and Garbage
- Sewer: Available
- Water Source: See Remarks
Amy Flippo
Broker | REALTOR®
Send Amy Flippo an email