5109 Grand Loop Tacoma, WA 98407
This exceptional retail property, located at 5109 Grand Loop in Pierce County, offers a unique opportunity for businesses seeking a vibrant location. The building boasts a total of 200,000 square feet, with multiple tenancy options available. Spaces range from a minimum of 2,372 square feet to a maximum contiguous space of 6,000 square feet, providing flexibility for various business needs. Currently, 10,872 square feet of retail space is vacant and ready for immediate occupancy. The property is ideally situated on Ruston Way, a picturesque waterfront promenade known for its stunning views of Puget Sound and its thriving local community. This area attracts both locals and tourists, offering high foot traffic and visibility for businesses. The convenient location provides easy access to a variety of water-related activities, numerous restaurants and cafes, and ample parking with 3700 spaces available for customers and employees. This is an unparalleled opportunity to establish or expand your business in a highly desirable and dynamic waterfront location. The combination of ample space, prime location, and convenient parking makes this property an exceptional investment. Contact us today to learn more about leasing opportunities and secure your space in this thriving community.
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.