1614 S Mildred St, Tacoma, WA 98465
For Lease
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James Center North, a multi-tenant commercial property in Pierce County, offers a unique investment opportunity. This Class B complex, totaling 53,500 square feet, comprises four buildings with sixteen suites across two stories, built in 1983 and renovated in 2001. Currently, 14,121 square feet of space is available for lease, with individual suites ranging from 1,875 to 7,864 square feet, ideal for a variety of retail and office uses. The property sits on a substantial 6.92-acre lot (301,321 square feet) and benefits from ample parking with 88 spaces. Its strategic location offers excellent visibility and accessibility, situated directly across from Tacoma Community College and adjacent to the Fred Meyer Center, ensuring high foot traffic and convenient access to Highway 16. The CCX zoning allows for diverse commercial uses. The property boasts good signage opportunities and benefits from a strong mix of retail and office co-tenancy. The four separate APNs are 0220038022, 0220038018, 0220038019, 0220038021, and 0220338020. This well-positioned property presents a compelling opportunity for businesses seeking a prominent location in a thriving Tacoma area.
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YMCA Child Care Charitable Organization Social Service Agency
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Wendy L. Huntington, MA Marriage Or Relationship Counselor
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Sylvan Learning of Tacoma Tutoring Service
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Allen Wellness Center Medical Clinic
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Lilac Learning Center - Tacoma Special Education Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.