Violet Meadows Plaza

Retail

11457 Pacific Ave S, TacomaWA 98444-0

Property Details

Location

Address
11457 Pacific Ave S, TacomaWA 98444-0
County
Pierce
Submarket
CBA Parkland/Midland
Parcels
0319096006
Cross Street
114th St E

Building Size

Building Size
10,200 SF
Retail Space
10,200 SF
Rentable Space
10,200 SF
Largest Contiguous
1,179 SF

Building Details

Type
 Retail
Number of Buildings
1
Number of Units
8
Occupancy Type
Multi-tenant
Number of Tenants
8
Percent Occupied
Building Class
B
Building Status
Existing
Floors
1
Elevators
Not present
Year Built
1988
Sprinklers
No
Primary Const.
Wood
Parking (Total Parking, Uncovered Parking)
48 , 48
Parking Ratio
Air Conditioned
Yes
Security System
No
NNN Expenses
$4.00

Land & Utilities

Land (Acres)
0.8 Acres
Land (SF)
34,848 SF
Rail Service
No
Zoning
CMUD
Lot Depth
Lot Width

Contacts

Public Remarks

The plaza is located at the busy Highway 7, just south of Hwy 512. Each unit has a rooftop HVAC unit. 200 ft frontage.

Current Listings

Property for Sale

$2,270,000
Cap Rate: 6.06%

This is a great opportunity to own a very well located investment property on Pacific ave. in Tacoma.100% rented. Stable tenants with most leases good for 2 to 3 years. Tenants include Subway, Wireless, Hair salon,Teriyaki, Flower shop, Smoke shop, Nail shop and Massage practice. Do not disturb tenants. *Note...dimensions, measurements, rents and # parking stalls are approximate and buyer needs to verify independently.

Tax iD #: 0319096006

This is a great opportunity to own a very well located investment property on Pacific ave. in Tacoma.100% rented. Stable tenants with most leases good for 2 to 3 years. Tenants include Subway, Wireless, Hair salon,Teriyaki, Flower shop, Smoke shop, Nail shop and Massage practice. Do not disturb tenants. *Note...dimensions, measurements, rents and # parking stalls are approximate and buyer needs to verify independently.

Tax iD #: 0319096006

View Details
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

©Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Catylist Real Estate Software, Inc. does not assume any liability for errors or omissions.

Commercial Exchange is a national commercial real estate marketplace powered by Catylist.