4949 Borgen Blvd Gig Harbor, WA 98332
- Neighborhood centers
- 48,000 SF
Current Use by Public Records
- Papa Murphy's | Take 'N' Bake Pizza / Italian Restaurant / Takeout Restaurant
- HomeStreet Bank / Bank / Atm
- Mia Lash & Brow / Beauty Salon
- Harbor Nails & Spa / Nail Salon
- The Barber's Room / Barber Shop
Property Details for 4949 Borgen Blvd
- Property size
- 48,000 SF
- Property type
- Neighborhood centers
- Property subtype
- Retail properties
Description
This exceptional investment opportunity presents a 48,000 square foot retail center strategically located at 4949 Borgen Boulevard in Gig Harbor, Washington, 98332. The property, known as Gig Harbor North, is a thriving multi-tenant strip center with a mix of retail and apartment uses. Currently, there is 4,179 square feet of vacant retail space available, presenting a unique chance for expansion or new tenancy. Situated in the heart of Gig Harbor, this center benefits from a robust and growing residential population. The area boasts over 730 new single-family homes, 172 new apartment homes, and 321 units within the Herons Key Retirement Community, ensuring a consistent flow of potential customers. This significant residential development directly contributes to the high foot traffic and strong consumer base surrounding Gig Harbor North. The property's prime location within Pierce County offers excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. The existing tenant mix provides a diverse and complementary environment, further enhancing the overall appeal and potential for success. This is a rare opportunity to acquire a well-established retail center in a rapidly expanding market. Don't miss out on this chance to capitalize on the significant growth and potential of Gig Harbor.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gig Harbor
- County
- Pierce
- State
- Washington
- Longitude
- -122.605
- Latitude
- 47.3602