Multi-Unit Retail
For Sale
Contact for pricing
Pending
11457 Pacific Avenue S, Tacoma, WA 98444
Retail building with nine fully occupied units, currently generating stable in-place income.
Property Size10,261 SF
Days on Market151
Property Features for 11457 Pacific Avenue S
General Information
Standard status
Pending
Size
10,261 SF
Property subtype
Retail
Occupancy
100%
Additional Details
Cap Rate
6.14%
Multifamily Units
9
Building Details
Tenancy
Multi
Listing Agency:
Global Real Estate
Listed By:
Kathy Yi · License #FL
Source:
Crexi
Added: Apr 11
Changed: Sep 4
Last Checked: Sep 6 at 11:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Global Real Estate
Investment Insights
Based on property information with market context.
This for-sale retail investment building includes nine units, all currently occupied. The property is listed as 100% occupied, with an indicated 6.14% actual cap rate. Building size is 10,261 SF.
The property is located at 11457 Pacific Avenue S in Tacoma, WA 98444. It presents a turnkey option for buyers seeking a multi-unit retail asset with existing tenants and in-place occupancy.
The property is located at 11457 Pacific Avenue S in Tacoma, WA 98444. It presents a turnkey option for buyers seeking a multi-unit retail asset with existing tenants and in-place occupancy.
Key Highlights
- Retail building with 9 units, all currently fully occupied
- Building size is 10,261 SF
- 100% occupancy with an actual cap rate of 6.14%
Property Analytics
Property Profile
Current Use
Lease Details
9
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
789
Businesses Nearby
131k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 34%
Shops & Services 29%
Groceries 21%
Home Improvements & Furnishings 12%
McDonald's
Dining
30,372 visits/mo
0.4 miles
QFC
Groceries
27,791 visits/mo
0.3 miles
Parkland Ace Hardware
Home Improvements & Furnishings
15,986 visits/mo
0.3 miles
ARCO
Shops & Services
15,343 visits/mo
0.2 miles
Bank of America
Shops & Services
8,862 visits/mo
0.1 miles
Demographics for 98444, WA
36,885
Population
13,762
Households
2.7
Avg Household Size
34
Median Age
15%
College-Educated
87%
High-School Grad
6.9 sq mi
ZIP Area
5,346
Density / Sq Mi
$64,464
Median Household Income
$39,829
Median Earnings
$1,581
Median Rent
$369,500
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail building with nine fully occupied units, currently generating stable in-place income.
Where is this retail space located?
The property is located at 11457 Pacific Avenue S Tacoma, WA.
What are key features of this property?
This property features: Retail building with 9 units, all currently fully occupied; Building size is 10,261 SF; 100% occupancy with an actual cap rate of 6.14%
