2303-2502 Pearl St Tacoma, WA 98406
Westgate South, a thriving neighborhood retail shopping center in Tacoma, Washington's North End, presents a unique investment opportunity. This 10,441 square foot property boasts a prime location on Pearl Street, offering exceptional visibility to over 23,000 vehicles daily. Currently, 3,411 square feet of retail space is available, ideal for a variety of businesses. The center's strategic location near Highway 16 ensures easy access for customers and employees. Furthermore, its proximity to Point Defiance Park and Zoo & Aquarium, attracting 700,000 visitors annually, provides significant foot traffic and brand exposure. The North End neighborhood is characterized by high population density and above-average household incomes, creating a strong consumer base for retail businesses. The property is situated at 2303-2502 N Pearl Street, Tacoma, WA 98406, in Pierce County. This is a multi-tenant shopping center offering a chance to establish a presence in a vibrant and growing community. The available space presents a compelling opportunity for businesses seeking high visibility and access to a substantial customer base. The property's strong location and demographics make it an attractive investment for both established businesses and new ventures.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.