1512-1520 S Center St | Tacoma, WA 98409
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- LoopNet Team
1512-1520 S Center St
Tacoma, WA 98409
Center Street Industrial · Flex Property For Sale
Investment Highlights
- 100% occupied four-tenant industrial property leased to cannabis producers on recently extended leases
- Extremely low submarket vacancy of 1.4% for similar-sized industrial properties
- Proximity to Port of Tacoma, the 5th-largest container gateway in the country
- Located just off the I-5/Hwy-16 interchange, with over 150k vehicles per day
- Situated in the 2nd largest industrial submarket in WA, with nearby distribution warehouses leased to national tenants
- 6 steel panel dock doors located on the east and west sides of the Property
Property Facts
| Property Type | Flex | Year Built/Renovated | 1945/2020 |
| Property Subtype | Light Manufacturing | Parking Ratio | 1.46/1,000 SF |
| Building Class | B | Clear Ceiling Height | 18’ |
| Lot Size | 0.33 AC | No. Dock-High Doors/Loading | 1 |
| Rentable Building Area | 10,955 SF | No. Drive In / Grade-Level Doors | 5 |
| No. Stories | 1 | ||
| Zoning | M2, Tacoma | ||
| Property Type | Flex |
| Property Subtype | Light Manufacturing |
| Building Class | B |
| Lot Size | 0.33 AC |
| Rentable Building Area | 10,955 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1945/2020 |
| Parking Ratio | 1.46/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 5 |
| Zoning | M2, Tacoma |
Utilities
- Water - City
- Sewer - City
Property Taxes
| Parcel Number | 710500-0170 | Improvements Assessment | $1,254,600 |
| Land Assessment | $187,500 | Total Assessment | $1,442,100 |
Property Taxes
Parcel Number
710500-0170
Land Assessment
$187,500
Improvements Assessment
$1,254,600
Total Assessment
$1,442,100
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