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Portland Ave Retail Center 3910-3918 E Portland Ave 24,177 SF 88% Leased Retail Building Tacoma, WA 98404 $4,450,000 ($184.06/SF) 6.68% Cap Rate
Investment Highlights
- High traffic, high visible location near downtown Tacoma and Casinos
- Plenty of parking
- Close to Freeways
Executive Summary
Financial Summary (Pro Forma - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Bus Line
- Signage
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- B & A International Foods
- Retailer
-
99,999 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| B & A International Foods | Retailer | 99,999 SF | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
High Ceiling. Wide open space. Perfect for retail/office. 16 ft ceiling.
Existing Grocery store specializing in Asian food items, including seafood, meat, and hard-to-find ingredients. Tenant to vacate. Ideal location for any type of retail, grocery, or whatever your use may be. Space can be subdivided into a 14,380 sf space or a 5,500 sf space. Equipment list provided if requested.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 2,800 SF | Retail | - | Now |
| 3918 | 4,800-19,880 SF | Retail | End Cap | Mar 2026 |
1st Floor
| Size |
| 2,800 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
3918
| Size |
| 4,800-19,880 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Mar 2026 |
1st Floor
| Size | 2,800 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
High Ceiling. Wide open space. Perfect for retail/office. 16 ft ceiling.
3918
| Size | 4,800-19,880 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Mar 2026 |
Existing Grocery store specializing in Asian food items, including seafood, meat, and hard-to-find ingredients. Tenant to vacate. Ideal location for any type of retail, grocery, or whatever your use may be. Space can be subdivided into a 14,380 sf space or a 5,500 sf space. Equipment list provided if requested.
Property Taxes
| Parcel Numbers | Total Assessment | $1,984,200 (2025) | |
| Land Assessment | $1,270,600 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $713,600 (2025) | Tax Year | 2024 |
Property Taxes
Presented by
Portland Ave Retail Center | 3910-3918 E Portland Ave
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