Provided by NWMLS, Listed by Better Properties UP/Fircrest
Active
9249 Pacific Avenue
Tacoma WA, 98444
$1,890,000
Active
Commercial
Built in 1980
Two credit tenants on a 1.65 acre parcel. Enterprise invested over $1MM in tenant improvements and Verizon paid for and built a pad with cell tower. Newer HVAC heat pump has been installed. Long term leases for both tenants with 2 and 3% yearly escalators. Phase One and limited Phase Two environmental assessment completed in 2019 and 2020. Leases are NNN with real estate taxes and risk insurance paid directly by tenants. This is the investment you've been looking for. Value is ultimately in the real property market value. Buyer to verify all information to their satisfaction.
2184099
MLSⓇ ID
December 5, 2023
Listed
May 9, 2024
Updated
Map
9249 Pacific Avenue
Tacoma WA, 98444
Interior Features
Interior Features
Wall to Wall Carpet
Floor Description
Vinyl, Carpet
Fireplace
No
Cooling
Yes
Cooling Description
Forced Air, Heat Pump
Heating
Yes
Heating Description
Forced Air, Heat Pump
Exterior/Building Features
Lot Size
1.65 Acres
Exterior Features
Wood
Roof
Flat
Sewer
Sewer Connected
Other Property Details
Area Name
62 - Southeast Tacoma
Garage
No
Parking Total
67
View
No
County
Pierce
Water Source
Public
Pool
No
Buyer Agency Compensation
2.5%
Listing History
Date | Event | Price |
---|---|---|
1/31/2024 | Price Change | $1,890,000 -6% |
12/19/2023 | Price Change | $1,990,000 -10% |
The IDX display contains information sourced from the Northwest Multiple Listing Service as of 5/9/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 5/9/2024 at 7:00 AM UTC