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Shopping Center with Drive-Through
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2303-2505 N Pearl St, Tacoma, WA 98406

Neighborhood retail center with a Starbucks drive-thru, MOD Pizza pad building, and established daily-needs retailers nearby.

Property SizeContact for details
Days on Market143

Property Features for 2303-2505 N Pearl St

General Information

Standard status Active
Property subtype Retail
Occupancy 66%

Site & Location

Drive-Thru Yes
Highway Access Yes

Building Details

Tenancy Multi
Listing Agency: Northmarq - Seattle
Listed By: Sean Tufts · License #WA 74057
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 7:58PM

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 is a shopping center with 66% occupancy and a retail configuration that includes a newly constructed Starbucks drive-thru and MOD Pizza pad building. The property also benefits from nearby daily-needs retail, including Planet Fitness, Big Lots, and the adjacent Safeway.

Located on N Pearl Street, the center sees traffic counts in excess of 23,000 and connects directly to Hwy 16. The existing tenant mix and surrounding retail provide an established commercial setting for the property.

Key Highlights

  • 66% occupied shopping center
  • Newly constructed Starbucks drive‑thru
  • MOD Pizza pad building

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Restaurant Building Supply Big Box & Wholesale Store Real Estate Agency Auto Repair Shop Auto Parts 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.

Lease Details

66%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

716
Businesses Nearby
240k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 38% Shops & Services 27% Groceries 23% Superstores 6%
Safeway Groceries
54,791 visits/mo 0.2 miles
McDonald's Dining
28,083 visits/mo 0.1 miles
Safeway Gas Shops & Services
22,161 visits/mo 0.3 miles
Starbucks Dining
17,597 visits/mo 0.0 miles
Big Lots Superstores
15,192 visits/mo 0.0 miles

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 Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Similar Off Market Nearby

  • Westgate South 2303 N Pearl St, Tacoma, WA 98406
  • Coinme at Coinstar - Bitcoin Kiosk safeway, 2637 n pearl st, tacoma, wa 98407
  • Coinstar Kiosk - Bitcoin ATM 2637 N Pearl St Safeway, Tacoma, WA 98407

Frequently Asked Questions

What type of property is this?
Shopping center - Neighborhood retail center with a Starbucks drive-thru, MOD Pizza pad building, and established daily-needs retailers nearby.
Where is this shopping center located?
The property is located at 2303-2505 N Pearl St Tacoma, WA.
What are key features of this property?
This property features: 66% occupied shopping center; Newly constructed Starbucks drive‑thru; MOD Pizza pad building
More about this property
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