2401 N Pearl St | Tacoma, WA 98406
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2401 N Pearl St
Tacoma, WA 98406
Retail Property For Sale
Investment Highlights
- Big Lots rent is $7/SF/Year, providing future rental upside if the investor were to get the space back from Big Lots
- Historically and presently one of the top performing Big Lots in the region. This location is not on the store closure list
- Single Tenant asset with minimal Landlord obligations
- The $117/SF offering price is significantly below replacement cost
- Significant Access, Frontage and Visibility - Big Lots benefits from excellent access and visibility on the highly trafficked Pearl Street
- Big Lots anchors Westgate South Shopping Center with strong adjacent tenancy of Planet Fitness, Starbucks, McDonald’s, and MOD Pizza
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
43,327 SF
Building Class
B
Year Built/Renovated
1986/1991
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
3.95 AC
Zoning
CCX
Parking
214 Spaces (4.94 Spaces per 1,000 SF Leased)
Frontage
316’ on Pearl St
Property Taxes
| Parcel Number | 704500-0371 | Improvements Assessment | $708,400 |
| Land Assessment | $4,148,000 | Total Assessment | $4,856,400 |
Property Taxes
Parcel Number
704500-0371
Land Assessment
$4,148,000
Improvements Assessment
$708,400
Total Assessment
$4,856,400
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