Neighborhood Retail Shopping
For Sale
Contact for pricing
2501 N Pearl St, Tacoma, WA 98406
Ninety percent occupied neighborhood retail center with multiple separately parceled buildings and recent leasing momentum.
Property SizeContact for details
Days on Market121
Property Features for 2501 N Pearl St
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Northmarq - Seattle
Listed By:
Joe Dugoni · License #WA 21001346
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 2:51AM
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 Northmarq - Seattle
Investment Insights
Based on property information with market context.
Westgate South Shopping Center is a 90% occupied neighborhood retail center comprising five separately-parceled buildings, including a freestanding Shell, a freestanding Comfort Dental, and three retail strips. The retail strips are each less than 12,000 square feet and can be purchased individually or combined, along with the other parcels within the offering.
The property is located on Pearl Street in Tacoma, Washington, with stated traffic counts in excess of 23,000 vehicles per day. Pearl Street connects directly to Hwy 16, supporting visibility to the trade area, including shadow anchors Planet Fitness (NAP), Big Lots (NAP), and neighboring Safeway.
Tenants at the center include a mix of retail, medical, personal services, and fast casual dining. The offering notes four leases recently signed and one lease currently being finalized, reflecting continued leasing momentum alongside existing vacancies.
The property is located on Pearl Street in Tacoma, Washington, with stated traffic counts in excess of 23,000 vehicles per day. Pearl Street connects directly to Hwy 16, supporting visibility to the trade area, including shadow anchors Planet Fitness (NAP), Big Lots (NAP), and neighboring Safeway.
Tenants at the center include a mix of retail, medical, personal services, and fast casual dining. The offering notes four leases recently signed and one lease currently being finalized, reflecting continued leasing momentum alongside existing vacancies.
Key Highlights
- Westgate South Shopping Center is a 36,578 SF neighborhood retail center in Tacoma, WA, reported as 90% occupied
- Five separately‑parceled buildings: a freestanding Shell, a freestanding Comfort Dental, and three retail strips each under 12,000 SF
- High traffic counts of 23,000+ VPD along Pearl Street, which connects directly to Hwy 16
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
716
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 98406, WA
22,768
Population
10,748
Households
2.1
Avg Household Size
42
Median Age
48%
College-Educated
96%
High-School Grad
4.2 sq mi
ZIP Area
5,421
Density / Sq Mi
$104,761
Median Household Income
$59,659
Median Earnings
$1,677
Median Rent
$594,100
Median Home Value
Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Shopping center - Ninety percent occupied neighborhood retail center with multiple separately parceled buildings and recent leasing momentum.
Where is this shopping center located?
The property is located at 2501 N Pearl St Tacoma, WA.
What are key features of this property?
This property features: Westgate South Shopping Center is a 36,578 SF neighborhood retail center in Tacoma, WA, reported as 90% occupied; Five separately‑parceled buildings: a freestanding Shell, a freestanding Comfort Dental, and three retail strips each under 12,000 SF; High traffic counts of 23,000+ VPD along Pearl Street, which connects directly to Hwy 16
