1414 72nd St Tacoma, WA 98404 – Tahoma Vista Shopping Center

1414, 72nd St, Tacoma, WA  98404

For Sale

Tahoma Vista Shopping Center (Status: Available) 24000000

1414, 72nd St, Tacoma, WA  98404

Property Highlights:• The Center is anchored by Grocery Outlet with approximately 7 years of remaining lease term• The investment benefits from low anchor rents providing healthy tenants, future rental upside, and pricing below replacement cost• Big Lots has been located at the Center for over 20 years and recently expanded and signed a new 10-year lease in 2018• The Center has been fully remodeled with upgrades including new roof, electrical, HVAC, parking lot and store fronts• The Center will trade at extremely attractive price per SF metrics well below replacement cost and land value• The Center is 100% leased with strong national tenants, which is a testament to the Center and location• 99% of the income stream comes from nationally recognized, strong credit tenants• Big Lots a

Listing Details

Asset Class: Retail
Year Built: 1968
Building Total Square Feet: 116865
Available Lease Space Square Feet: 116865
Number of Floors: 1
Total Parking Spaces: 461
Local Zoning Information: CCX

CBA

Listing Courtesy of: Newmark

Disclaimer: The information contained in this listing has not been verified by Pacific Continental Realty, LLC and should be verified by the tenant or buyer.

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