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5738 N 26th St
Tacoma, WA 98407
Westgate South Shopping Center · Retail Property For Sale
Investment Highlights
- The Property is being offered as individual parcels or in any combination of pieces. Please contact CPX for more details.
- The Property is at a prominent location on a busy, daily-needs retail arterial located at the hard corner of N. Pearl Street and N. 26th Street.
- Recent extensions include 10-year renewals with Shell and Comfort Dental.
- Strong leasing momentum, including four recently executed leases and one lease currently being finalized, all of which are between $27-36 per sf.
- Planet Fitness, Big Lots, and the adjacent Safeway are shadow anchors and provide increased draw to the center.
- The Property is near Point Defiance Park and Point Defiance Zoo & Aquarium, which draws over 700,000 visitors per year.
Property Facts
Property Type
Retail
Building Size
36,578 SF
Building Class
B
Year Built/Renovated
1963/1987
Percent Leased
90%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.48
Lot Size
1.76 AC
Zoning
CCX
Parking
236 Spaces (6.45 Spaces per 1,000 SF Leased)
Frontage
170’ on Pearl St
Amenities
- Bus Line
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 704500-0294 | Improvements Assessment | $3,241,100 |
| Land Assessment | $2,397,900 | Total Assessment | $5,639,000 |
Property Taxes
Parcel Number
704500-0294
Land Assessment
$2,397,900
Improvements Assessment
$3,241,100
Total Assessment
$5,639,000
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