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8116 Pacific Highway East, Tacoma, WA 98422 For Sale

KT
WA 114691
$1,200,000
1 day on market
Updated 1 day ago

8116 Pacific Highway East

Details
Property Type Retail, Mixed Use (+1)
Sub Type Auto Shop
Square Footage 5,428
Net Rentable (SqFt) 5,428
Cap Rate 7%
NOI $84,000
Occupancy 100%
Tenancy Single
Lease Type NNN
Rent Bumps No
Price per SqFt $221
Year Built 2003
Lot Size (SqFt) 24,829
Zoning Business (B)
Investment Type Owner/User
Tenant Credit No Credit Rating
Ground Lease No

Currently Auto Repair Facility

Marketing description

Ideally located with immediate access to the I-5 corridor, this highly versatile commercial property offers an exceptional opportunity for an owner-user or investor seeking a strategic South Sound location. Situated less than one mile from the Port of Tacoma, the property provides outstanding convenience for businesses involved in distribution, logistics, manufacturing, and regional commerce.

Flexible commercial zoning accommodates a broad range of permitted uses, including automotive sales and service, outdoor sales and display, retail, office, contractor operations, and numerous other commercial applications, allowing buyers the flexibility to tailor the property to their specific business needs.

Whether expanding an existing operation or establishing a new headquarters, this property combines a prime location, excellent accessibility, and versatile zoning to create a rare opportunity in one of the Puget Sound's most desirable commercial and industrial corridors.

Investment highlights

Property Showing Instructions

This property is currently occupied. No showings will be permitted without the listing agent present. Please do not disturb the tenant under any circumstances. All property tours must be scheduled in advance through the listing agent.

Listing Contacts

KT
WA 114691

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$84,000.00
$7,000.00/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

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Additional Information

Name
KEN TOBIAS
License
114691
Brokerage
Sharp Business LLC
Brokerage Phone
253-549-5082
Title
Broker
Brokerage Address
4423 Point Fosdick Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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