FOR SALE — East 72nd Plaza810-828 72nd St. E., Tacoma, WA 98404
NEW Sale Price | CAP Rate | Occupancy | GLA | NOI |
---|---|---|---|---|
$5,600,000 | 6% | 100% | 15,177 SF | $336,107 |
MK Property Services, LLC is pleased to present the opportunity for a qualified investor to acquire a 100% fee simple interest in East 72nd Plaza, a community retail strip center with out-parcel situated in unincorporated Pierce County with frontage on a high-traffic hard corner. The subject property is comprised of three tax lots, the inline strip building sits on two tax lots and the out-building on a third tax lot. The subject property is zoned Mixed Use Development (MUD) for future value-add re-development potential. Recent capital improvements completed totaling over $1,000,000 including new building envelope, new roofs, parking lot resurfacing, exterior electrical, tenant signage. This offering presents an investor the opportunity to acquire a 100% leased and stabilized remodeled strip retail center in a developing sub-market of Tacoma providing stable cash-flow and future value-add potential.
39,000 VPD
Click Listing Details to access Demographics in the Offering Memorandum.
Click on link for Listing Details: 810 72nd St E, Tacoma, WA 98404 – Retail Property for Sale – East 72nd Plaza (crexi.com)
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Whether you're looking for an experienced commercial broker to guide you through the steps of obtaining retail property or a team of property managers to help you grow your business, MK Property Services, LLC is eager to partner with you for the long-haul. Contact us today for a free quote.