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Medical Office Building For Sale
For Sale
$8,900,000
Pending

1628 Mildred St, Tacoma, WA 98465

Medical office building in Tacoma's Fircrest neighborhood with NNN leases.

Property SizeContact for details
Days on Market617

Property Features for 1628 Mildred St

General Information

Standard status Pending
Property subtype Commercial

Building Details

Year Built 1997
Listing Agency: MARCUS & MILLICHAP, INC.
Listed By: RAYMOND VARA
Source: Corcoran
Added: Dec 4, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:43AM

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 MARCUS & MILLICHAP, INC.

Investment Insights

Based on property information with market context.

James Center Plaza is a medical office building located in the Fircrest neighborhood of Tacoma, WA. The property features 34,272 rentable square feet. It is currently leased to 9 medical and dental tenants under NNN lease terms. The asset includes parking via shared spaces within the Neighborhood Center, with 24 exclusive stalls on the parcel. The James Center Commercial District is anchored by several national retailers and benefits from a suburban demographic, driven by an aging population that supports off-campus medical-dental demand.

Key Highlights

  • Medical office building in Tacoma, WA's Fircrest neighborhood.
  • Features 34,272 rentable square feet.
  • Leased to 9 medical/dental tenants under NNN lease terms.

Property Analytics

Current Use

Azle Attic Insulation ... General Contractor Silvia La Rosa, ... Dental Office Sound Surgical Arts Dental Office Gessel Orthodontics Dental Office Sound Oral & Maxillofacial Dental Office

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Parts Store Grocery & Convenience Store HVAC Service (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

1,010
Businesses Nearby
Balanced
Demand for This Use

Demographics for 98465, WA

7,524
Population
3,771
Households
2
Avg Household Size
41
Median Age
38%
College-Educated
97%
High-School Grad
1.6 sq mi
ZIP Area
4,703
Density / Sq Mi
$77,083
Median Household Income
$54,829
Median Earnings
$1,453
Median Rent
$544,500
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office building in Tacoma's Fircrest neighborhood with NNN leases.
Where is this medical office space located?
The property is located at 1628 Mildred St Tacoma, WA.
What is the asking price?
The asking price for this property is $8,900,000.
What are key features of this property?
This property features: Medical office building in Tacoma, WA's Fircrest neighborhood.; Features 34,272 rentable square feet.; Leased to 9 medical/dental tenants under NNN lease terms.
More about this property
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