www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31713372
31134444

7817 Pacific Ave, Tacoma, WA 98408

CD
WA 25006802
C & J Realty LLC
Listed by C & J Realty LLC
$1,100,000
94 days on market
Updated 65 days ago

Pac 4 Complex

Details
Property Type Office, Retail
Sub Type Medical Office, Traditional Office
Square Footage 3,152
Net Rentable (SqFt) 3,152
Units 4
Cap Rate 6.00%
NOI $60,000
Occupancy 100%
Tenancy Multi
Lease Type NNN
Rent Bumps Yes
Price per SqFt $349
Class B
Year Built 1978
Year Renovated 2006 & 2022
Buildings 1
Stories 2
Zoning City of Tacoma commercial
Investment Type Stabilized
Ownership Pacific Commercial Properties
Sale Condition 1031 exchange

Full NNN lease long term tenants Prime location

Marketing description

  • Prime Pacific Ave frontage location with strong daily traffic counts

  • Small-suite office building – highly desirable for service-based tenants

  • Efficient layouts with:

    • Multiple private offices

    • Reception / waiting areas

    • Open workspace options

  • Move-in ready / turn-key suites (minimal TI needed)

  • Ideal for:

    • Professional services

    • Medical / wellness

    • Small business operators

  • High visibility signage opportunities

  • Ample on-site parking for tenants and clients

  • Easy access to Hwy 512 & I-5 corridor

  • Located in a high-demand leasing pocket with consistent activity

  • Well-maintained asset with strong curb appeal

👉 Positioning line:
“High-demand small-suite office asset in the heart of Pacific Ave with strong visibility and leasing velocity.”

Investment highlights

💰 PAC 4 – Investment Highlights (Investor / Offering Memo)

  • Multi-tenant income stream (diversified tenant base)

  • Strong rent per SF due to smaller suite sizes (your biggest advantage)

  • Historically low vacancy / high absorption for this product type

  • Stable tenant profile (service + local businesses)

  • Opportunity to:

    • Increase rents to market on turnover

    • Improve income through expense recapture (NNN/CAM adjustments)

  • Low capital expenditure profile (no major reposition needed)

  • High demand product type (small offices outperform large spaces right now)

  • Potential for:

    • Value-add through lease restructuring

    • Management efficiency improvements

  • Fits:

    • 1031 exchange buyers

    • Yield-focused investors

    • Owner-user hybrid strategy (if space opens)

👉 Investor positioning line:
“High-yield small-suite office investment with strong per-square-foot performance and built-in upside.”

Listing Contacts

CD
WA 25006802
C & J Realty LLC
Listed by C & J Realty LLC

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$60,000.00
$5,000.00/mo

Valuation Metrics

0
DSCR
5.45%
Cap Rate
5.45%
ROI

Map

Zoning

Intelligence Badge
RCX MixedMixed UseResidential Commercial Mixed Use
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 99 uses
View all 99 uses
Last updated May 26, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Cassandra Day
License
25006802
Brokerage
Cassandra Day
Title
Managing Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591