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Share Complex 12202 Pacific Ave S 5,938 SF 100% Leased Office Building Tacoma, WA 98444 $2,200,000 ($370.50/SF) 6.76% Cap Rate
Executive Summary
Approx. 6.75% In-Place Cap Rate with stable, in-place income
Turn-Key Asset — professionally maintained with strong operating history
Over $650,000 in Capital Improvements (2024) — significant recent reinvestment reduces near-term capital risk
Extensively Remodeled Office Space — ±1,800 SF Class B suite, fully furnished with built-in desks, four private offices, conference room, and dedicated storage
Diverse Tenant Mix — minimizes rollover risk and supports long-term stability
Prime Pacific Avenue Corridor Location — excellent visibility and accessibility
Immediate Freeway Access — quick connectivity to Hwy 512 and I-5
Attractive Owner-User or Passive Investment Opportunity with future upside
Property Facts
Amenities
- Bus Line
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Daheim Injury LLC
- Administrative and Support Services
- 319 SF
- $24.99
- Triple Net
- Aug 2028
- Emerald Counseling PLLC
- Health Care and Social Assistance
- 436 SF
- $17.89
- Triple Net
- Dec 2028
- Frantz Aviation
- Administrative and Support Services
- 883 SF
- $15.25
- Triple Net
- Oct 2028
- Grunts Roofing LLC
- Construction
- 278 SF
- $35.35
- Triple Net
- Oct 2028
- North Lights LLC
- Administrative and Support Services
- 450 SF
- $18.39
- Triple Net
- Apr 2030
- Rosalynn Jones Salon
- Services
- 679 SF
- $11.25
- Industrial Gross
- May 2026
- Share Investments LLC
- Real Estate
- 1,822 SF
- $43.47
- Triple Net
- Dec 2030
- Tactical Tailor
- Manufacturing
- 1,071 SF
- $20.16
- Triple Net
- Feb 2028
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Daheim Injury LLC | Administrative and Support Services | 319 SF | $24.99 | Triple Net | Aug 2028 | |
| Emerald Counseling PLLC | Health Care and Social Assistance | 436 SF | $17.89 | Triple Net | Dec 2028 | |
| Frantz Aviation | Administrative and Support Services | 883 SF | $15.25 | Triple Net | Oct 2028 | |
| Grunts Roofing LLC | Construction | 278 SF | $35.35 | Triple Net | Oct 2028 | |
| North Lights LLC | Administrative and Support Services | 450 SF | $18.39 | Triple Net | Apr 2030 | |
| Rosalynn Jones Salon | Services | 679 SF | $11.25 | Industrial Gross | May 2026 | |
| Share Investments LLC | Real Estate | 1,822 SF | $43.47 | Triple Net | Dec 2030 | |
| Tactical Tailor | Manufacturing | 1,071 SF | $20.16 | Triple Net | Feb 2028 |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Move-In Ready Executive Office Space ? 1,822 SF of Fully Renovated Class B Office Space ? Looking for a professional office that is ready for business from day one? This beautifully updated 1,822 square foot executive office suite offers a modern, professional atmosphere with the added convenience of all existing office furniture included. Features: ? Fully renovated with a clean, modern design ? Approximately 1,822 SF of office space ? Furniture included – move in and get to work immediately ? Private offices and flexible workspace layout ? Professional conference room area ? Reception/waiting area ? Updated finishes throughout ? Excellent visibility and convenient access ? Ideal for professional services, contractors, sales teams, medical-related offices, insurance, real estate, and administrative users Whether you're expanding your business, relocating, or looking for a turnkey office solution, this space offers a professional image without the expense and hassle of furnishing an office.
| Space | Size | Space Use | Build-Out | Available |
| 2nd Fl-Ste C | 1,822 SF | Office | Full Build-Out | 30 Days |
2nd Fl-Ste C
| Size |
| 1,822 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| 30 Days |
2nd Fl-Ste C
| Size | 1,822 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | 30 Days |
Move-In Ready Executive Office Space ? 1,822 SF of Fully Renovated Class B Office Space ? Looking for a professional office that is ready for business from day one? This beautifully updated 1,822 square foot executive office suite offers a modern, professional atmosphere with the added convenience of all existing office furniture included. Features: ? Fully renovated with a clean, modern design ? Approximately 1,822 SF of office space ? Furniture included – move in and get to work immediately ? Private offices and flexible workspace layout ? Professional conference room area ? Reception/waiting area ? Updated finishes throughout ? Excellent visibility and convenient access ? Ideal for professional services, contractors, sales teams, medical-related offices, insurance, real estate, and administrative users Whether you're expanding your business, relocating, or looking for a turnkey office solution, this space offers a professional image without the expense and hassle of furnishing an office.
Property Taxes
| Parcel Number | 676200-2240 | Improvements Assessment | $406,800 |
| Land Assessment | $282,600 | Total Assessment | $689,400 |
Property Taxes
Contact the Sale Advisor
Share Complex | 12202 Pacific Ave S