3801 A-d S Steele St, Tacoma, WA 98409
- Strip malls
- 9,600 SF
- 0.73 lot acres
Current Use by Public Records
- Derebe Samson S DDS / Dental Office
- Visionworks Doctors of Optometry / Physician
- Affordable Dentures & Implants / Dental Office
- Mattress Depot USA / Furniture & Home Goods
Property Details for 3801 A-d S Steele St
- Year built
- 1960
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.73 lot acres
- Zone code
- UCX
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 4205000091
- APU
- 4205000091
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 1, 2022 | — | Rp3 Bp Associates LLC | — | Deed · related | $32.5M · Wells Fargo Bank NA |
| Dec 22, 2020 | — | Rp3 Bp Associates LLC | — | Deed · related | $24.2M · Associated Bank NA |
| Oct 6, 2020 | — | Rp3 Bp Associates LLC | — | Deed · related | $50M · Us Bk |
| Aug 17, 2017 | — | Rp3 Bp Associates LLC | — | Deed · related | $50M · Us Bank NA |
| Dec 17, 2015 | — | Rp3 Bp Associates LLC | Rp2 Remain LLC | Grant Deed | — |
| Nov 19, 2015 | $17,690,506 | Ls2 Bianco LLC | Rp2 Pe Exit LLC | Grant Deed | — |
| Aug 17, 2015 | $280,538 | Rp2 Bianco LLC | Rp2 Cbi Exit LLC | Grant Deed | — |
| Aug 6, 2015 | — | Rp2 Cbi Exit LLC | Rainier Place Associates LLC | Grant Deed · related | — |
| Jun 11, 2014 | — | Rainier Place Associates LLC | — | Loan Modification · related | $46M · Us Bk |
| Jul 27, 2011 | $59,200 | Rainier Place Associates LLC | Department Of Transportation | Quit Claim Deed · related | — |
| Sep 19, 2002 | — | Ranier Place Associates LLC | — | Deed Of Trust · related | $11.5M · Us Bank NA |
| Mar 1, 2002 | $5,796,187 | Rainier Place Assoc LLC | Terranomics Rainier Partners | Grant Deed · related | $3.2M · Rawson Blum & Co |
| — | — | Rainier Place Associates LLC | — | Deed Of Trust · related | $50M · Us Bank NA |
| — | — | Rainier Place Associates LLC | — | Deed Of Trust · related | $52M · Us Bank NA |
| — | — | Rainier Place Associates LLC | — | Deed Of Trust · related | $52M · Us Bank NA |
| — | — | Rp3 Bp Associates LLC | — | Loan Modification · related | $50M · Us Bk |
Description
This exceptional retail opportunity is located at 3801 S Steele Street in Tacoma, Washington, within the vibrant Rainier Place complex. The property consists of five single-story buildings totaling 85,684 square feet, situated on a generous 6.37-acre lot. Currently, there are multiple retail spaces available, with a minimum divisible space of 2,268 square feet and a maximum contiguous space of 2,750 square feet. A total of 5,018 square feet is currently vacant and ready for immediate occupancy. The property boasts 440 parking spaces, ensuring convenient access for customers and employees. Built in 1983, the buildings are well-maintained and situated in a high-traffic area, benefiting from excellent visibility and accessibility. The property is zoned UCX within Pierce County, offering flexibility for a variety of retail uses. This is an ideal location for businesses seeking a prominent presence in a thriving Tacoma community. The available spaces provide a unique opportunity to establish or expand a retail operation in a well-established and highly visible location. Interested parties should inquire about lease terms and availability. The property's size and ample parking make it an attractive option for a range of retail businesses.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,310,000
- 6.5%
- $2,130,000
- 7%
- $1,980,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Tacoma
- County
- Pierce
- State
- Washington
- Longitude
- -122.468
- Latitude
- 47.222
- CBSA code
- 42660
- CBSA name
- SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA