9249 Pacific Avenue, Tacoma

$1,890,000

Listing Office: Better Properties UP/Fircrest.

0 Bed
0 Bath
1.65 Acres
0 Garage

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.

Essential Information
MLS® #2184099
Price$1,890,000
Bathrooms0.00
Acres1.65
Year Built1980
TypeCommercial Sale
Sub-TypeCommercial Industrial
StatusActive
Community Information
Address9249 Pacific Avenue
Area62 - Southeast Tacoma
SubdivisionSouth Tacoma
CityTacoma
CountyPierce
StateWA
Zip Code98444
Amenities
Parking Spaces67
Interior
Interior FeaturesWall to Wall Carpet
HeatingForced Air, Heat Pump
CoolingForced Air, Heat Pump
Exterior
Exterior FeaturesWood
FoundationPoured Concrete
Additional Information
Days on Market158
Property History
Price Reduced from $1,990,000 to $1,890,000
Price Reduced from $2,200,000 to $1,990,000
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Listing information last updated on May 11th, 2024 at 1:58pm CDT.