11401 Steele St S, Tacoma, WA 98444

116th Steele Street Center is a ±9,424 SF retail asset is positioned on a ±1.53-acre parcel in Tacoma, WA, just minutes from Joint Base Lewis-McChord and Interstate 5. This highly visible, well-maintained center features a strong mix of long-term, service-oriented tenants and benefits from CE (Commercial Employment) zoning, allowing for a wide range of office, and retail uses. Constructed in 2005, the single-story building showcases durable concrete tilt-up construction with decorative split-faced masonry accents. The property offers ample surface parking (±60 stalls) and is easily accessible via public transportation along Steele Street. Recent capital improvements include a new roof installation in April 2025, further supporting long-term asset stability and reduced near term capital exposure.