4020 S Steele St
Tacoma WA 98409
Yuen Lui Square
4020 S Steele St Tacoma WA 98409
Listing #: 674067 | Status: Available | Last Modified: 11/15/2024 |
For Sale
- Phone:(253) 284-3635
- Email:pgrissom@firstwesternproperties.com
- Office Name:First Western Properties
- Office Phone:(253) 472-0404
- Office Website:
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 4,200,000.0
- $/SF$ 324.1
- Listing StatusAvailable
- Days on Market376
- Asset ClassRetail
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 2.00 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units9
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- AnchorYuen Lui Photography
- Crane Count
- Crane Tonnage0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Second Road Front
- Grade Level Door Count
- Tennant Improvement Allowance
- Building StatusExisting
- # of Buildings1
- # of Floors1
- # of Units9
- # of Elevators0
- A/CYes
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF12960
- Net Rentable Area12960
- Total Office SF
- Largest Contiguous SF2550
- Lot SF32670
- Acres0.75
- Property TypeRetail
- Office TypeMulti-Tenant
- InvestmentYes
- Building Class
- CountyPierce
- Vicinity
- Location DescriptionMall Area
- Second Address
- Cross StreetTacoma Mall Blvd
- Market AreaNalley Valley
- Tax ID #4647000064
- Additional Parcels
- ZoningUCX-STGPD
- # Covered Spaces0
- # Uncovered Spaces39
- Total Parking Spots39
- Parking Ratio
- Year Built1984
- Year Renovated
- Completion Date
- Roof Type
- Construction TypeFramed, Masonry, Stucco
Yuen Lui Square
INVESTMENT HIGHLIGHTS Stability and Rent Growth • Average Rents 30% below Trade Area Average NOI growth • Every lease has annual increases Strong Demographics • Population of 148,000+ and $106,992 Average Household Income in 3 mile radius Local Anchors • Within 1 Mile:
Box store space with high street visibility & over 20,000 cars daily on Tacoma Mall Boulevard. Excellent proximity to Tacoma Mall. Near I-5. Adjacent to Apex Apartments. Numerous retail stores and restaurants in area.