5101 Main StTacoma, WA 98402

For Sale
$8,750,000

High-Cap Rate Tacoma Restaurant/Retail

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional Tacoma, WA retail property, located at 5101 Main St, 98402, presents a compelling investment opportunity. Building 18 boasts 21,354 square feet of net rentable space, currently housing nine retail suites. The property enjoys a strong 96.7% occupancy rate, anchored by established tenants such as Farelli's Wood Fire Pizza, Intaglio Salon, and Ice Cream Social, demonstrating consistent revenue generation. The building is a single-story structure, offering convenient access and functionality for its diverse tenant mix. Priced at $8,750,000, this property offers a compelling 7.53% capitalization rate, representing a significant return on investment. It's important to note that this property is currently under court-appointed receivership

Property Details for 5101 Main St

Property type
Other retail properties, Individual retail properties
Square Feet
21,354 SF
Buildings
1
Stories
1

Location Insight

City
Tacoma
County
Pierce
State
Washington
Latitude
47.29932
Longitude
-122.505361
5101 Main St, Tacoma, Washington

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5101 Main St
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