Retail Office Corner
5209 Pacific Hwy E Fife, WA 98424
5209 Pacific Hwy E, Fife, WA, 98424
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For Sale
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Commercial property on Pacific Highway East in Fife with direct access to Interstate 5.
Property Size6,376 SF
Price / SF$219.57
Days on Market52
Property Features for 5209 Pacific Hwy E
General Information
- Standard status
- Active
- Size
- 6,376 SF
- Property subtype
- Retail, Office, Mixed Use
Listing agency
Kidder Mathews Tacoma
(253) 722-1433
Listed by
Drew Frame · License #WA
Source
Crexi
Added: Jun 1 Updated: Jul 22 at 10:12AM Checked: Jul 22 at 10:12AM
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 Tacoma
Investment Insights
Based on property information with market context.
This property at 5209 Pacific Hwy E offers a commercial configuration that fits retail or office uses. At the time of listing, it is presented as a for-sale offering within the broader category of commercial real estate.
The property is located along Pacific Highway East in Fife, described as one of the South Sound’s highest-traffic commercial corridors. Pacific Highway East is noted as the primary retail spine connecting Tacoma to the greater Fife market, and the listing states the site provides direct access to Interstate 5.
Given the listing’s stated retail and office positioning, this is best suited for an operator or investor seeking exposure to a heavily utilized retail corridor with interstate access.
The property is located along Pacific Highway East in Fife, described as one of the South Sound’s highest-traffic commercial corridors. Pacific Highway East is noted as the primary retail spine connecting Tacoma to the greater Fife market, and the listing states the site provides direct access to Interstate 5.
Given the listing’s stated retail and office positioning, this is best suited for an operator or investor seeking exposure to a heavily utilized retail corridor with interstate access.
Key Highlights
- Commercial property on Pacific Highway East in Fife, WA
- Direct access to Interstate 5 (I‑5)
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $140.0k | $21.96 |
| − Vacancy | −$19.6k | −$3.07 |
| EGI | $120.4k | $18.89 |
| − OpEx | −$30.1k | −$4.72 |
| NOI | $90.3k | $14.16 |
6,376 SF · lease $21.96/SF/yr · vacancy 14.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.29M
$1.13M – $1.51M
NOI $90,311 @ 7.0% cap · market cap 6.45%
Second Best
Specialty Retail
$910.9K
$797.1K – $1.06M
NOI $63,765 @ 7.0% cap · market cap 4.55%
Theoretical Best
Office A
$1.72M
$1.51M – $2.01M
NOI $120,546 @ 7.0% cap · market cap 8.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Banks
Similar For Sale Nearby
FAQs
What type of property is this?
Bank - Commercial property on Pacific Highway East in Fife with direct access to Interstate 5.
Where is this bank located?
The property is located at 5209 Pacific Hwy E Fife, WA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Commercial property on Pacific Highway East in Fife, WA; Direct access to Interstate 5 (I‑5)
