9249 Pacific Avenue, Tacoma WA, 98444
(Active)
$1,890,000
|
2,108 sqft
|
MLS# 2184099
Last Updated: 4/29/2024 12:12 AM
Description for
9249 Pacific Avenue
Tacoma, WA 98444
Two credit tenants on a 1.65 acre parcel. Enterprise invested over $1MM in tenant improvements and Verizon paid for and built a pad with cell tower. Newer HVAC heat pump has been installed. Long term leases for both tenants with 2 and 3% yearly escalators. Phase One and limited Phase Two environmental assessment completed in 2019 and 2020. Leases are NNN with real estate taxes and risk insurance paid directly by tenants. This is the investment you've been looking for. Value is ultimately in the real property market value. Buyer to verify all information to their satisfaction.
Price
$1,890,000
South Tacoma
Pierce
2,108 (approx)
2184099
Active
Description
Two credit tenants on a 1.65 acre parcel. Enterprise invested over $1MM in tenant improvements and Verizon paid for and built a pad with cell tower. Newer HVAC heat pump has been installed. Long term leases for both tenants with 2 and 3% yearly escalators. Phase One and limited Phase Two environmental assessment completed in 2019 and 2020. Leases are NNN with real estate taxes and risk insurance paid directly by tenants. This is the investment you've been looking for. Value is ultimately in the real property market value. Buyer to verify all information to their satisfaction.
Listing Information
| Property Type: Retail, Business Opportunities, Other | ||
| 1.65 Acres | 2,108 (approx) | 1980 |
| Wood | Commercial, Retail | |
South Tacoma
Public
Sewer Connected
2 Total
Neighborhood
Room Information
Interior Features
Vinyl, Carpet
Heat Pump
Electric Heating,
Heat Pump, Forced Air
Wall to Wall Carpet
Exterior / Lot Features
67 Parking Spaces,
Wood
Flat
166' x 431'
Front - 166
Level
Level
Driving Directions
From I-5, travel east on SR-512, then the Pacific Ave exit (SR-7). Travel north on Pacific Ave to the property on the right.
Financial Considerations
| 032033-7-011 |
Listing Price History
Tacoma Real Estate
Tacoma is located in Washington. Tacoma, Washington 98444 has a population of 38,440.
The median household income in Tacoma, Washington 98444 is $51,672. The median household income for the surrounding county is $76,047 compared to the national median of $66,222. The median age of people living in Tacoma 98444 is 39 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
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Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 1/31/2024 | Active | $1,890,000 USD -5.03% |
|
| 12/18/2023 | Active | $1,990,000 USD -9.55% |
|
| 12/5/2023 | Active | $2,200,000 USD |
|