401 25Th StTacoma, WA 98421

This exceptional 21,971 square foot executive office building, located at 401 E 25th St in Tacoma, WA, presents a compelling investment opportunity. Priced at $7,500,000, it boasts a strong pro forma 6.00% cap rate and a current NOI of $459,619. The building, constructed in 1947, sits on a 0.3-acre lot (APN 2075210010, 2075210020) and is currently 55% occupied by Sound Transit (credit tenant) and Man Industrial. The property benefits from high-quality improvements and a layout ideal for owner-users seeking stable cash flow or value-add investors targeting a rapidly improving area. Zoned DMU, allowing for retail, office, residential, and industrial uses up to 100 feet, this versatile property offers significant upside potential. Its strategic location directly across from the newly redesigned Freighthouse Square Tacoma Rail Station provides unparalleled access to Sounder Commuter Rail and Link Light Rail, connecting to Seattle and Lakewood, as well as downtown Tacoma and the Stadium District. Furthermore, it enjoys convenient access to I-5, I-705, SR-509, and the Port of Tacoma. The proximity to the Tacoma Dome, Pacific Charter School, and the recently completed KOZ Development Apartments further enhances its desirability and potential for future growth. This is a rare opportunity to acquire a well-positioned, income-producing asset in a thriving Tacoma neighborhood.