Orchard Professional Center
Owner-User or Value-Add Mixed Use Professional Center Feat. In Place Income and Recent Improvements
Marketing description
BROWN RETAIL GROUP OF MARCUS & MILLICHAP is pleased to present the well-established, mixed-use property in the University Place neighborhood of Tacoma, WA. Positioned on the corner of 53rd St W and South Orchard Street, the property benefits from strong traffic exposure, with nearly 21,000 vehicles passing daily.
The multi-tenant building offers 10,097 SF of flexible space, featuring a first-floor office, a finished basement/warehouse, and one residential apartment unit. The offering’s strategic location and diverse tenancy provide a unique opportunity for investors or businesses looking to expand their footprint in an ever-growing market.
There are currently two office suites available for lease, providing a tenant the opportunity to move into one or both suites immediately.
Investment highlights
EXCELLENT OWNER/USER OPPORTUNITY WITH EXISTING INCOME
SUITES AVAILABLE FOR LEASE
FLEXIBLE SPACE + DEDICATED PARKING
RECENT CAPITAL EXPENDITURES
STRATEGIC LOCATION W/ STRONG DEMOGRAPHICS
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