9101 Bridgeport Way Tacoma, WA 98499
- Office Properties & Spaces
- 14,504 SF
Current Use by Public Records
- Spencer Daniel J DDS / Dentist
- Hayes Michelle / Nurse Practitioner / Professional Services
Property Details for 9101 Bridgeport Way
- Year built
- 1972
- Property size
- 14,504 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
The Gerling Professional Center, located at 9101 Bridgeport Way SW in Tacoma, WA 98499, presents a compelling investment opportunity. This established medical office complex consists of four buildings totaling approximately 14,504 square feet on a 1.47-acre lot (64,175 sq ft). The property features a mix of tenancies, with five current tenants occupying three of the four buildings. One building is available for immediate occupancy, and one space is currently for lease. Building sizes range from approximately 2,200 to 4,300 square feet, offering flexibility for various medical practices. Built in 1972 and renovated in 1990, the buildings are well-maintained and situated in a park-like setting. Ample parking is available. The property is zoned for Central Business District (CBD) use, providing potential for future development on the sizable lot. Its convenient location offers easy access to Interstate-5 and Highway 512, as well as nearby shopping centers like Lakewood Towne Center and Lakewood Colonial Center, and Kiwanis Park. The property includes rent bumps, and is offered at $4,499,000. This is a value-add, owner/user opportunity with significant upside potential. The property is sold as-is. All information is believed to be accurate but should be independently verified.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tacoma
- County
- Pierce
- State
- Washington
- Longitude
- -122.518
- Latitude
- 47.1746
