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5001 112th St E, Tacoma, WA 98446 For Sale

Neil Walter Tacoma
Listed by Neil Walter Tacoma
$3,500,000
1684 days on market
Updated 81 days ago

5001 112th St E

Details
APN 0319014120; 0319014150
Property Type Mixed Use, Senior Living (+1)
Square Footage 11,675
Cap Rate 6.00%
Occupancy 100%
Tenancy Single
Lease Type NNN
Price per SqFt $300
Class C
Year Renovated 2000
Buildings 1
Stories 1
Acreage 1.920
Zoning UC

Office | 6.00% CAP | 11,675 SF

Marketing description

5001 112th St E presents investors with the opportunity to acquire a stabilized, income-producing commercial asset located in the rapidly growing Parkland/Tacoma submarket of Pierce County.

The property is currently occupied by an established commercial tenant, providing immediate in-place cash flow and eliminating initial lease-up risk. This offering is ideal for investors seeking passive income through a single-tenant net-leased or modified-gross commercial investment in a strong suburban corridor with continued residential and commercial expansion.

Strategically positioned along 112th Street E with convenient access to Pacific Ave S (SR-7), the property benefits from strong daily traffic counts, surrounding residential density, and proximity to Joint Base Lewis-McChord (JBLM), one of the region’s largest employment centers.

Investment highlights

  • 5001 112th St E- Year Built: 1995
  • Adjacent land available for sale
  • 1.05 acres
  • Year Renovated- 2000
  • Current lease in place through December 2030
  • 3% annual increases
  • Two, 5-year options to renew

Listing Contacts

Neil Walter Tacoma
Listed by Neil Walter Tacoma

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