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Two-Tenant Retail Building
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2303 N Pearl St, Tacoma, WA 98406

Freestanding retail pad occupied by Starbucks and MOD Pizza within an established anchored shopping-center setting.

Property SizeContact for details
Days on Market142

Property Features for 2303 N Pearl St

General Information

Standard status Active
Property subtype Retail
Listing Agency: Kidder Mathews Seattle
Listed By: Maggie Verger · License #WA 116408
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 7:39AM

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 Kidder Mathews Seattle

Investment Insights

Based on property information with market context.

This recently constructed retail building contains two tenant spaces occupied by Starbucks and MOD Pizza. The property functions as a pad within a shopping center anchored by Big Lots and Planet Fitness, providing a defined retail setting alongside established national tenants.

A remodeled Safeway-anchored center is located next to the property. Pearl Street carries traffic counts exceeding 23,000 vehicles per day and connects directly to Highway 16, with access toward I-5 and Gig Harbor. The combination of dual retail occupancy, adjacent centers, and a high-traffic corridor gives the property a clear commercial presence within the Puget Sound market.

Key Highlights

  • Two‑tenant building occupied by Starbucks and MOD Pizza
  • Pad location within a Big Lots- and Planet Fitness‑anchored center
  • Next to a fully remodeled Safeway‑anchored center

Property Analytics

Current Use

Starbucks Cafe & Coffee Shop MOD Pizza Restaurant Westgate South Shopping Center & Mall Starbucks drive thru Cafe & Coffee Shop

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.

Location Intelligence

Trade Area within ½ mile

716
Businesses Nearby
240k
Monthly Visits Nearby

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
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Frequently Asked Questions

What type of property is this?
Retail space - Freestanding retail pad occupied by Starbucks and MOD Pizza within an established anchored shopping-center setting.
Where is this retail space located?
The property is located at 2303 N Pearl St Tacoma, WA.
What are key features of this property?
This property features: Two‑tenant building occupied by Starbucks and MOD Pizza; Pad location within a Big Lots- and Planet Fitness‑anchored center; Next to a fully remodeled Safeway‑anchored center
(206) 600-8500 Call to check price and availability
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