James Center Plaza

Office

1628 S Mildred St, TacomaWA 98465

Property Details

Location

Address
1628 S Mildred St, TacomaWA 98465
County
Pierce
Submarket
CBA University Place/Fircrest
Parcels
0220038013
Cross Street
S 19th Street

Building Size

Building Size
34,800 SF
Office Space
34,800 SF
Rentable Space
34,800 SF

Building Details

Type
 Office
Number of Buildings
1
Number of Units
24
Occupancy Type
Percent Occupied
Building Class
B
Building Status
Existing
Floors
2
Elevators
1
Year Built
1997
Year Renovated
2003
Sprinklers
No
Parking (Total Parking, Covered Parking, Uncovered Parking)
170 , 0, 170
Parking Ratio
5.5
Security System
No

Land & Utilities

Land (Acres)
1.06 Acres
Land (SF)
46,174 SF
Rail Service
No
Zoning
Lot Depth
Lot Width

Contacts

Current Listings

Space for Lease

1,196 - 7,306 SF $18.00 Annual/SF

3 suites available in James Center Plaza. Suite 103 - 2,140 RSF first door to the right when you walk in front doors. Suite 105S - 1,996 RSF take a left at restrooms on first floor and end of the hall on the right. Suite 205 - 3,170 RSF to the left of Sound Surgical on second floor. Tenant improvement budget to be negotiated upon delivery of LOI. Tax iD #: 0220038013

3 suites available in James Center Plaza. Suite 103 - 2,140 RSF first door to the right when you walk in front doors. Suite 105S - 1,996 RSF take a left at restrooms on first floor and end of the hall on the right. Suite 205 - 3,170 RSF to the left of Sound Surgical on second floor. Tenant improvement budget to be negotiated upon delivery of LOI. Tax iD #: 0220038013

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Investment Summary

$7,600,000
Cap Rate: 7.26%

The Stren Lea Group at Marcus & Millichap has been retained to exclusively market for sale James Center

Plaza (“the Property”), a medical office building in Tacoma, Washington. Completed in 1997, the Property

totals 33,375 rentable square feet and is leased to seven medical-dental tenants providing services including:

primary care, pediatrics, spinal care, orthodontics, general dentistry and oral & maxillofacial surgery. There is

one professional services tenant, and all tenants are on NNN leases. An abundance of parking, access to local

amenities and convenience of location for their patients allows medical practices to thrive at the Property.

Tax iD #: 0220038013

The Stren Lea Group at Marcus & Millichap has been retained to exclusively market for sale James Center

Plaza (“the Property”), a medical office building in Tacoma, Washington. Completed in 1997, the Property

totals 33,375 rentable square feet and is leased to seven medical-dental tenants providing services including:

primary care, pediatrics, spinal care, orthodontics, general dentistry and oral & maxillofacial surgery. There is

one professional services tenant, and all tenants are on NNN leases. An abundance of parking, access to local

amenities and convenience of location for their patients allows medical practices to thrive at the Property.

Tax iD #: 0220038013

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View Details

Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CBA

Source: Commercial Brokers Association (CBA)

More Information

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