2626 Pearl St Tacoma, WA 98407
This exceptional 6,228 square foot retail property, formerly a Pita Pit, presents a unique investment opportunity in Tacoma's thriving North End. The single-tenant building boasts a highly visible endcap location with a drive-thru, offering unparalleled convenience and accessibility. Situated on Pearl Street (Highway 163), this property benefits from significant frontage and high traffic volume. The North End neighborhood is characterized by a high population density and above-average household incomes, ensuring a strong customer base. The property's proximity to the Point Defiance Zoo and Aquarium, attracting over 700,000 visitors annually, further enhances its appeal and potential for increased foot traffic. This location is strategically positioned within the North End's major retail core, providing easy access to complementary businesses and a vibrant commercial environment. The building is a single-story structure, offering efficient layout and operational ease. The 2,196 square foot space is ready for immediate occupancy or customization to suit a variety of restaurant or retail concepts. This is an exceptional opportunity to acquire a well-located, high-visibility property in a rapidly growing area of Tacoma, Washington. The property is located at 2626 N Pearl St, Tacoma, WA 98407, in Pierce County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.