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33934720
33934728

4109 Bridgeport Way, University Place, WA 98466

JF
WA 23033784
First Western Properties, Inc. Tacoma
JD
WA 49001
First Western Properties, Inc. Tacoma
Listed by First Western Properties, Inc. Tacoma
$1,700,000
1 day on market
Updated 1 day ago

4109 Bridgeport Way

Details
APN 4002490040,4002490030,4002490020
Property Type Office
Sub Type Traditional Office
Square Footage 10,779
Occupancy 80%
Tenancy Multi
Pro-Forma Cap Rate 8.70%
Pro-Forma NOI $148,615
Price per SqFt $158
Acreage 0.680
Zoning MU-U75
Investment Type Value Add

4109 Bridgeport Way, University Place, WA 98466

Marketing description

First Western Properties - Tacoma, Inc. is pleased to exclusively present the opportunity to acquire 4109 Bridgeport Way, University Place, one parcel that includes a 10,779 SF office space, and total .68 acres in University Place, located at the intersection of 40th Street and Bridgeport Way. The property is currently 90% leased to a mix of office tenants. Can be purchased with Parcel #4002490030 and Parcel #4002490020. Reach out to Listing Brokers for more information.

University Place, WA, is a thriving suburb of Tacoma in Pierce County, known for its strategic location with easy access to major highways, providing seamless connectivity to Tacoma and Seattle. This affluent community boasts a well-educated, financially stable population with a median household income above the national average.

The city features excellent educational institutions, including top-rated public and private schools. Recreational opportunities abound with attractions like the Chambers Bay Golf Course and numerous parks. The commercial landscape is diverse, offering a mix of retail and dining options. University Place's pro-business climate, strong real estate market, and ongoing infrastructure improvements make it an attractive destination for investment and business development.

Investment highlights

  • Investor can improve NOI with longer term leases at market rates.
  • Office is occupied with short term tenants.
  • Space can be made available for a buyer to occupy directly.
  • Estimated Average HH Income of $147,000.
  • No B&O Taxes within the City of University Place.
  • Less than a mile from only Whole Foods and Trader Joes in Pierce County.
  • Many local restaurants and retail services in the immediate area.

Listing Contacts

JF
WA 23033784
First Western Properties, Inc. Tacoma
JD
WA 49001
First Western Properties, Inc. Tacoma
Listed by First Western Properties, Inc. Tacoma

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Zoning

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Last updated Feb 12, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Jacob Fors
License
23033784
Brokerage Phone
253-472-0472
Brokerage Address
6402 Tacoma Mall Boulevard
Name
Jeremiah Durr
License
49001
Brokerage
First Western Properties
Title
Partner
Brokerage Address
6402 Tacoma Mall Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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