Listed by First Western Properties, Inc. Tacoma
$750,000
6th Ave – Pizza Time Pub
Details
Property Type Retail
Sub Type Commercial
Square Footage 2,100
Cap Rate 8.00%
Lease Type Gross
Lease Term 10
Retail | 8.00% CAP | 2,100 SqFt
Marketing description
2710 6 th Avenue is ideally positioned along Tacoma’s premier retail
corridor, offering excellent visibility, strong traffic counts, and dense surrounding
residential support. Located in the heart of the 6th Avenue District in Tacoma, the site
benefits from walkable access to a vibrant mix of dining, retail, and entertainment,
along with proximity to major medical centers and colleges that drive consistent
daytime and evening traffic. Convenient access to SR-16 and Downtown Tacoma
further enhances regional connectivity and long-term market appeal.
Investment highlights
- 2,100 SF of Retail
- Monthly Base Rent is $5,000/month
- 8% cap rate on existing rent
- A 10-year lease was signed in October of ‘24
- 10% increase on Base Rent after year 5 (October of ’29)
- Modified Gross Lease | Tenant pays for taxes, insurance, and maintenance.
- Please Note: This is an Investment Opportunity. The Space is Currently Occupied -- Please Do Not Disturb the Tenant
Listing Contacts
Listed by First Western Properties, Inc. Tacoma
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