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    Retail Space with Ample Parking Title is generated by Realmo AI

    7030-7052 Pacific Ave, Tacoma, WA

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    Flexible retail space with prime frontage and ample parking.

    Type:RETAIL
    Property size:
    18,436 SF
    Lot size:
    2.18 Acres
    Price / SF:
    $201/SF
    Added:
    Nov 23, 2025
    Days on Market:
    212
    Last Refresh:
    May 20 at 8:39 pm

    Property Features for 7030-7052 Pacific Ave

    General Information

    Standard status
    Active
    Size
    18,436 SF
    Lot size
    2.18 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Carrie Walker
    Carrie Walker

    Listing agent Carrie Walker License #WA 116408

    Listing office First Western Properties - Tacoma, Inc.

    Listing date Nov 23, 2025

    Source Moodyscre

    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 First Western Properties - Tacoma, Inc.

    HighLights

    • Prime Frontage
    • Ample Parking
    • Transit Accessible
    • Flexible Retail Space
    • Facade Renovation Underway

    Overview

    This retail space, located in Tacoma, WA, offers flexible options for various retail businesses. The property features prime frontage and ample parking for customers and employees. A facade renovation is currently underway, enhancing the property's appeal. The location is transit accessible, providing convenient access for customers and employees. The property size is 18436 square feet.

    Local Financial Insights For Retail

    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 $331.8k $18.00
    − Vacancy −$14.9k −$0.81
    EGI $316.9k $17.19
    − OpEx −$95.1k −$5.16
    NOI $221.8k $12.03
    18,436 SF · lease $18.00/SF/yr · vacancy 4.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $3.17M
    $2.77M – $3.70M (±1% cap)
    NOI $221,840 @ 7.0% cap · market cap 5.98%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $5.67M
    $4.96M – $6.61M (±1% cap)
    NOI $396,669 @ 7.0% cap · market cap 10.69%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.434
    Latitude
    47.1929

    FAQs

    What type of property is this?
    Retail space - Flexible retail space with prime frontage and ample parking.
    Where is this retail space located?
    The property is located at 7030-7052 Pacific Ave Tacoma, WA.
    What is the asking price?
    The asking price for this property is $3,710,000.
    What are key features of this property?
    This property features: Prime Frontage; Ample Parking; Transit Accessible
    (253) 307-1333 Call to check price and availability
    More about this property
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