3102 23Rd StTacoma, WA 98405

For Lease
$36-$38 /SF/YR

High-traffic retail center, spaces available

Overview

Added:
Dec 11, 2024
Days on market:
94
The Tacoma Central Shopping Center, located at 3102 S 23rd St, Tacoma, WA 98405, presents a compelling investment opportunity. This 119,040 square foot power center, built in 1988 and renovated in 2004, sits on a 10.74-acre lot and comprises six single-story buildings with 21 suites. The property boasts excellent visibility from Highway 16, experiencing over 3.2 million annual visits and over 108,000 vehicles per day passing its 1,000+ feet of frontage. Currently, there are two available spaces: a 960 square foot unit formerly occupied by GNC, adjacent to Dollar Tree, and a 2,400 square foot unit previously housing Jenny Craig, suitable for food service. The center features high-quality tenants, including Target, TJ Maxx, PetSmart, and Office Depot, with TJ Maxx and Target ranking as the highest and second-highest trade areas respectively. The property is zoned CCX and has a Pierce County APN of 0320072070, 79, 73, 74. This prime location within the Allenmore Hospital District offers exceptional potential for retail success.

Highlights

  • Strong tenant roster.
  • High-visibility location with over 1,000 feet of frontage on State Route 16.
  • Anchored by Target, Hobby Lobby, PetSmart, and Office Depot.
  • Low vacancy rate.
  • Situated in the Allenmore Hospital District.
  • Exceptional shopper traffic (3.2 million visits, 719,000 unique visitors in the 12 months ending 1/31/22, per Placer.ai).

Property Details for 3102 23Rd St

Property type
Power centers, Other retail properties
RSF (Rentable sq. ft)
119,040 SF
Year Built/Renovated
1988/2004
Buildings
6
Stories
1

Unit(s) available at that property

Space
F6
Size
2,400 SF
Rate per SF
$38
Space
E3
Size
960 SF
Rate per SF
$36

Location Insight

City
Tacoma
County
Pierce
State
Washington
Latitude
47.236424837521
Longitude
-122.4782706628
3102 23Rd St, Tacoma, Washington

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3102 23Rd St
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