Technical
Financial
Distress signals
Property profile

1621 E 72Nd St Tacoma, WA 98404

FOR LEASE
Strip malls
Property ID
US90-1057530
1,322 SF 1.2 ac lot Built 2004
Entity Owned 8-yr Hold ~ Est. High Equity
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No photos on file
For Lease
$1,875/Mo 1,250 SF available
1621 E 72Nd St, Tacoma, WA 98404
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Property summary

AI-generated overview

Johnsborough Station is a retail shopping center located in the East Tacoma area along the 72nd Street retail corridor, with monument signage and frontage on 72nd St. The center is positioned across the street from Safeway/Safeway Gas and Grocery Outlet and includes convenient access and ample on-site parking. The property consists of end-cap retail suites, including Suite 600 and Suite 900, each approximately 1,250 square feet. These suites feature open space layouts, storefront glass, and frontage on 72nd St, supporting retail and service-oriented uses.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2004
Construction WOOD FRAME
Total area 1,322 SF
Lot 1.2 ac (52,316 SF)
Zoning code CCX
APN 320275035
UPID US90-1057530

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop

Location

1621 E 72Nd St Tacoma, WA 98404
Tacoma metro Census 63301 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2018
4 recorded transactions
2018
$3.5M
2013
Price N/A
2009
Price N/A
2007
$5.1M

Zoning & alternative use

CCX · Tacoma, WA
Zoning description

CCX: Community Commercial Mixed-Use District The CCX D istrict provides commercial and retail businesses which are intended to serve many nearby areas and attract people from throughout the City. This district is envisio…

General category MIXED_USE

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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