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    1901 72Nd St Tacoma, WA 98408

    Sponsored
    For Lease
    $40 SF/Yr

    High-traffic retail center, I-5 frontage.

    Lot size:
    13,148 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Tacoma, WA power center, located at 1901 S 72nd St, zip code 98408, offers immediate freeway visibility and access. The property, built in 1988, comprises 13,148 square feet across eight single-story buildings. Currently, 2,700 square feet of retail space is available, divisible into units as small as 900 square feet, with a maximum contiguous space of 1,800 square feet. The center boasts a strong tenant mix, including well-established national brands such as WinCo, LA Fitness, Olive Garden, Red Lobster, Starbucks, Famous Dave's BBQ, and Applebee's, ensuring high foot traffic and brand synergy. This prime location in Pierce County provides unparalleled exposure to a large consumer base. The property is a Net-Net-Net (NNN) lease, excluding water, sewer, and trash services. This established power center presents a unique opportunity for businesses seeking high visibility and a strong tenant base in a thriving Tacoma market. The property is situated directly off I-5, offering exceptional accessibility and exposure to a large daily traffic volume. Individual spaces range from 900 to 8,815 square feet.

    Property Features for 1901 72Nd St

    General Information

    Property type
    Power centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    13,148 SF
    Total Rate
    43826.67

    Building Details

    Year Built
    1988
    Buildings
    8
    Stories
    1

    Unit(s) available at that property

    Space
    Suite A-5
    Size
    900 SF
    Space
    Suite B-23
    Size
    1,800 SF
    Rate per SF
    $45
    Space
    Suite 1933
    Size
    3,909 SF
    Space
    C-39
    Size
    8,815 SF
    Space
    Suite A-1
    Size
    3,000 SF
    Rate per SF
    $40

    HighLights

    • WinCo‑anchored regional power center in Tacoma, WA.
    • New LA Fitness anchor tenant.
    • Excellent I‑5 freeway visibility and access (Exit 129, S 72nd Street).
    • Strong tenant mix including Starbucks, Famous Dave's BBQ, Olive Garden, Red Lobster, and Applebee's.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sav-On Insurance Auto Insurance Agency Thai Hut 2 Thai Restaurant Pho Ever Tacoma Vietnamese Restaurant Subway Caterer Jackson Hewitt Tax ... Tax Preparation

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.46100452
    Latitude
    47.19477901

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    FAQs

    What type of property is this?
    Power center - High-traffic retail center, I-5 frontage.
    Where is this power center located?
    The property is located at 1901 72Nd St Tacoma, WA.
    What is the lease rate?
    The lease rate is $0.00-$45 SF/Yr.
    What are key features of this property?
    This property features: WinCo-anchored regional power center in Tacoma, WA.; New LA Fitness anchor tenant.; Excellent I-5 freeway visibility and access (Exit 129, S 72nd Street).
    Request Owner's contact information
    1901 72Nd St Tacoma, WA 98408
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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
    1901 72Nd St Tacoma, WA 98408
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