Log In/Sign Up
8405 Pacific Ave
Tacoma, WA 98444
Walgreens · Retail Property For Sale
Investment Highlights
- NNN LEASE WITH MINIMAL LANDLORD RESPONSIBILITY: The Property is on a NNN lease with Landlord responsible for roof and structure.
- REPLACEABLE MARKET RENT: Current rental rate of only $18.28 per square foot allows the ability to replace the Tenant if needed in the future
- NEW ROOF WITH 20-YEAR GUARANTEE: Landlord installed a new roof on the Property (2020) with 20-year guarantee providing lower expense & responsibility
- ATTRACTIVE PURCHASE PRICE: Priced at only $3,650,000 and $244 per square foot provides an opportunity to purchase a Walgreens at lower P/PSF
- STRONG NEARBY RETAILERS: Several complementary nearby retailers that drive traffic to the site
Property Facts
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,168 SF
Building Class
C
Year Built
1997
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.47 AC
Zoning
C2 - General Community Commercial District
Parking
67 Spaces (4.73 Spaces per 1,000 SF Leased)
Frontage
101’ on Pacific Ave
Amenities
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 032033-2191 | Improvements Assessment | $2,292,300 |
| Land Assessment | $1,487,200 | Total Assessment | $3,779,500 |
Property Taxes
Parcel Number
032033-2191
Land Assessment
$1,487,200
Improvements Assessment
$2,292,300
Total Assessment
$3,779,500
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
