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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

5109 Grand Loop Tacoma, WA 98407

200,000 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 200,000 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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