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6812 Tacoma Mall Blvd 8,696 SF Retail Building Tacoma, WA 98409 $3,305,000 ($380.06/SF) 6.79% Cap Rate
INVESTMENT HIGHLIGHTS
- Very successful tenant with multiple locations
- 6.79% Cap on in-place
- 0 landlord obligation whatsoever
- Large ~1ac parcel with great parking
EXECUTIVE SUMMARY
6812 Tacoma Mall Boulevard is a 0.99-acre retail property fully leased to La Perla del Mar VIP, a well-established upscale Mexican restaurant with multiple locations The 8,969 SF building has been recently renovated, peering modern infrastructure and minimal near-term capital requirements. The lease provides more than five years of remaining term with a true NNN structure and scheduled rent increases less than six months away, ensuring predictable and growing income. With strong parking capacity of over 75 stalls and efficient site layout, the property is positioned as a secure, income-producing investment delivering both stability and longterm value.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,696 SF
Building Class
C
Year Built/Renovated
1969/2020
Price
$3,305,000
Price Per SF
$380.06
Cap Rate
6.79%
NOI
$224,400
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.99 AC
Zoning
C2
Parking
105 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Tenant Controlled HVAC
- Monument Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 032030-5035 | Improvements Assessment | $1,453,400 |
| Land Assessment | $1,403,900 | Total Assessment | $2,857,300 |
PROPERTY TAXES
Parcel Number
032030-5035
Land Assessment
$1,403,900
Improvements Assessment
$1,453,400
Total Assessment
$2,857,300
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6812 Tacoma Mall Blvd
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