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    4704 Oakes St Tacoma, WA 98409

    Sponsored
    For Lease
    $15 SF/Yr ($14,832 /Mo)

    Tacoma retail space, prime location.

    Lot size:
    11,866 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 11,866 square foot single-story retail and medical office building, situated on 1.08 acres at 4704 S Oakes St, Tacoma, WA 98409, presents a unique investment opportunity. Built in 1988, the property boasts six suites, with 2,060 square feet currently vacant. The vacant space, previously a dental office, offers significant potential for redevelopment and customization to suit a variety of retail uses. The building is zoned UCX and benefits from ample parking with 40 spaces available for tenants and customers. Its location in the desirable Tacoma Mall District, directly across from the Tacoma Mall, ensures high visibility and accessibility, attracting a substantial customer base. The property's single-story design and convenient layout enhance functionality and accessibility. This is an ideal opportunity for businesses seeking a well-established location with high foot traffic and strong potential for growth. The property's APN is 032018-4-019. Don't miss this chance to secure a prime retail space in a thriving Tacoma location. The available space is 2,060 square feet.

    Property Features for 4704 Oakes St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,866 SF
    Total Rate
    14832.5

    Building Details

    Year Built
    1988
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Retail Space, Former Dental Space
    Size
    2,060 SF
    Rate per SF
    $15

    HighLights

    • 11,866 SF single‑story retail/medical building on 1.08 acres in the Tacoma Mall District.
    • 2,060 SF of vacant space, previously a dental office, available for lease.
    • High visibility location directly across from Tacoma Mall, offering excellent accessibility and high foot traffic.
    • Ample parking with 40 spaces.
    • Building signage and monument signage opportunities available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Redbox Movie Rental Kiosk Tacoma Shawarma Restaurant Sean's Anime & Other ... Store Circle K Convenience Store Dr. Yuriy Bagdasarov Dentist

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.47265424035
    Latitude
    47.214066410367

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    FAQs

    What type of property is this?
    Medical office - Tacoma retail space, prime location.
    Where is this medical office located?
    The property is located at 4704 Oakes St Tacoma, WA.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 11,866 SF single-story retail/medical building on 1.08 acres in the Tacoma Mall District.; 2,060 SF of vacant space, previously a dental office, available for lease.; High visibility location directly across from Tacoma Mall, offering excellent accessibility and high foot traffic.
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    4704 Oakes St Tacoma, WA 98409
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4704 Oakes St Tacoma, WA 98409
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