Financial
Distress signals
Property profile

1000 Town Ctr NE Tacoma, WA 98422

FOR LEASE
Strip malls
View Listing
Property ID
US90-0672441
35,660 SF 3.22 ac lot Built 1946
Last sale Dec 2025 · $3,788,220
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Suite 120 comprises approximately 1,444 square feet of interior space within Browns Point Town Center. The suite is delivered in a bare shell condition, designed to support tenant-specific build-outs for uses such as retail, office, wellness, or service-oriented businesses, with some tenant improvements available for qualified tenants. The building and surrounding town center setting are configured as a neighborhood-oriented retail and commercial environment serving Browns Point and Northeast

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$62k
Tax billed · 2024
Assessed value$4.81M
Assessed land$1.63M
Assessed improvement$3.18M
Effective rate1.30%

Value estimate

· Sep 2026
$4.43M
$3.98M – $4.87M
NOI build-up
Gross scheduled income$110k
Vacancy & credit loss−$5k
Operating expenses−$31k
NOI · 4,637.69% cap applied$73k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$424/SF
Submarket average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$223 – $702

Cap rate analysis

How does the asset earn?
4,637.69%
$73k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
NC
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm12.4
Building Supply11.1
Auto Repair Shop10.6

Location

1000 Town Ctr NE Tacoma, WA 98422
County assessor Recorded deeds · 4 transfers Comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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