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Walgreens 2024 6th Ave 13,309 SF Retail Building Tacoma, WA 98403 $2,500,000 ($187.84/SF)
Investment Highlights
- Hard-corner retail location at a signalized intersection with strong traffic counts.
- 40 parking stalls under lease provide convenient customer access.
- Quick access to I-705, I-5, and Highway 16 within minutes.
- Positioned along Tacoma’s vibrant 6th Avenue corridor with established retail co-tenancy.
- Close to University of Puget Sound, Stadium High School, and major employment centers.
- Surrounded by dense residential neighborhoods and strong consumer demographics.
Executive Summary
This property presents a rare opportunity to acquire a high-visibility retail asset located at the signalized intersection of 6th Avenue and South Sprague Avenue in Tacoma, Washington. Positioned along one of Tacoma’s most active commercial corridors, the site benefits from strong daily traffic counts exceeding 28,000 vehicles combined, ensuring consistent exposure and accessibility.
The building spans 13,300 square feet and sits on a prominent hard-corner lot, offering excellent ingress and egress. The property includes 40 parking stalls under lease, providing convenience for customers and employees. Surrounded by a dense residential population and a mix of national and regional retailers, the location supports strong consumer demand and retail synergy.
With close proximity to the University of Puget Sound, Stadium High School, and major arterial routes, the property is well-suited for investors seeking a stable, income-producing asset in a thriving urban market. Drive times to I-705, I-5, and Highway 16 are under 7 minutes, enhancing regional connectivity.
The building spans 13,300 square feet and sits on a prominent hard-corner lot, offering excellent ingress and egress. The property includes 40 parking stalls under lease, providing convenience for customers and employees. Surrounded by a dense residential population and a mix of national and regional retailers, the location supports strong consumer demand and retail synergy.
With close proximity to the University of Puget Sound, Stadium High School, and major arterial routes, the property is well-suited for investors seeking a stable, income-producing asset in a thriving urban market. Drive times to I-705, I-5, and Highway 16 are under 7 minutes, enhancing regional connectivity.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,309 SF
Building Class
C
Year Built
2011
Price
$2,500,000
Price Per SF
$187.84
Tenancy
Single
Building Height
1 Story
Building FAR
0.36
Lot Size
0.85 AC
Zoning
NCX, Tacoma - Neighborhood Commercial
Parking
40 Spaces (3.01 Spaces per 1,000 SF Leased)
Frontage
211’ on 6th Ave
Amenities
- Bus Line
- Signage
- Drive Thru
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Prime hard-corner retail opportunity on Tacoma’s vibrant 6th Avenue corridor — serving a dense residential base with strong traffic, visibility, and established retail synergy.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 13,300 SF | Retail | - | Now |
1st Floor
| Size |
| 13,300 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 13,300 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Prime hard-corner retail opportunity on Tacoma’s vibrant 6th Avenue corridor — serving a dense residential base with strong traffic, visibility, and established retail synergy.
Very walkable
80/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,532,100 | |
| Land Assessment | $1,884,000 | Total Assessment | $4,416,100 |
Property Taxes
Parcel Numbers
Land Assessment
$1,884,000
Improvements Assessment
$2,532,100
Total Assessment
$4,416,100
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Walgreens | 2024 6th Ave
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