Listing Agency: FIRST WESTERN PROPERTIES - TACOMA, INC.

Listed By: LISA TALLMAN Show Phone

Source: Corcoran

Added: Jun 16, 2023 Changed: Oct 25 Last Checked: Oct 26 at 4:22PM

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Investment Insights

Based on property information with market context.

This automotive property is available for sale and features two access points off Burnham Drive NW, along with expansive frontage on Burnham Drive. The site currently operates with a septic/drainfield system. City water, sewer, and storm utilities are available on Burnham Drive. Existing water tanks located on site are empty and not in use. The current tenant is vacating the site on 7/31/2023. Lifts are not included in the purchase. Environmental monitoring is in process. The property has a size of 136778 square feet.

Key Highlights

• Expansive Burnham Drive Frontage
• 2 Access Points off Burnham Drive NW
• City Water/Sewer/Storm is Available on Burnham Drive

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Automotive properties

Location Intelligence

Trade Area within ½ mile

333

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 98332, WA

20,704

Population

7,897

Households

2.6

Avg Household Size

47

Median Age

52%

College-Educated

97%

High-School Grad

20.7 sq mi

ZIP Area

1,000

Density / Sq Mi

$122,827

Median Household Income

$64,286

Median Earnings

$2,373

Median Rent

$686,900

Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

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Frequently Asked Questions

What type of property is this?

Automotive property - Automotive property with frontage on Burnham Drive in Gig Harbor.

Where is this automotive property located?

The property is located at 0 Burnham Dr NW Gig Harbor, WA.

What is the asking price?

The asking price for this property is $1,200,000.

What are key features of this property?

This property features: Expansive Burnham Drive Frontage; 2 Access Points off Burnham Drive NW; City Water/Sewer/Storm is Available on Burnham Drive