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Multi-Tenant Industrial Cannabis Campus
For Sale
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Pending

3303 S 35th St, Tacoma, WA 98409

Two-building industrial campus for cannabis cultivation and processing, 99% leased to 20 tenants.

Property Size302,190 SF
Lot Size15.92 Acres
Days on Market121

Property Features for 3303 S 35th St

General Information

Standard status Pending
Size 302,190 SF
Lot size 15.92 Acres
Property subtype Industrial
Occupancy 99%

Building Details

Tenancy Multi
Listing Agency: Newmark
Listed By: Sean Fulp · License #CA 01389064
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 9 at 7:48AM

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 Newmark

Investment Insights

Based on property information with market context.

Newmark is pleased to present 3303 S 35th Street in Tacoma, Washington, a 302,190-square-foot, multi-tenant industrial campus described as the largest multitenant cannabis cultivation and processing facility in the United States. The property includes two buildings on 15.92 acres and is currently 99% leased to 20 tenants.

The site was formerly Nalley’s Fine Foods pickle-processing facility, with the use reimagined in 2013 and repositioned as a cannabis cultivation and processing campus. The current offering is structured around the existing multi-tenant configuration and the onsite cannabis cultivation and processing operations.

For buyers and brokers evaluating scale and operational flexibility within a single campus, this asset’s two-building layout and active tenant occupancy provide a platform centered on cannabis cultivation and processing.

Key Highlights

  • 302,190 SF, two‑building multi‑tenant industrial campus in the University Place submarket (Tacoma, WA).
  • Situated on 15.92 acres and currently 99% leased to 20 tenants.
  • Cannabis cultivation and processing facility; former Nalley’s Fine Foods pickle‑processing facility repurposed in 2013.

Property Analytics

Current Use

LOUD Cannabis (Bike/Boat/Book/etc) Store TapTec Industrial Manufacturer PILOT Cannabis Specialty Food Shop Momma Chan Farms Production Facility

Suggested Use

Top Pick Hotel & Motel (Bike/Boat/Book/etc) Store Carpet & Flooring Store Discount Store Butcher Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

99%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,108
Businesses Nearby

Demographics for 98409, WA

27,840
Population
12,136
Households
2.3
Avg Household Size
33
Median Age
21%
College-Educated
87%
High-School Grad
7.1 sq mi
ZIP Area
3,921
Density / Sq Mi
$71,649
Median Household Income
$43,652
Median Earnings
$1,579
Median Rent
$363,000
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Cannabis property - Two-building industrial campus for cannabis cultivation and processing, 99% leased to 20 tenants.
Where is this cannabis property located?
The property is located at 3303 S 35th St Tacoma, WA.
What are key features of this property?
This property features: 302,190 SF, two‑building multi‑tenant industrial campus in the University Place submarket (Tacoma, WA).; Situated on 15.92 acres and currently 99% leased to 20 tenants.; Cannabis cultivation and processing facility; former Nalley’s Fine Foods pickle‑processing facility repurposed in 2013.
More about this property
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