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Property profile & analytics
OFF-MARKET
Lifestyle centers

2303-2502 Pearl St Tacoma, WA 98406

10,441 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Lifestyle centers
Total area 10,441 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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