5058 - 5064 Main St
Tacoma WA 98407
The Shops at Point Ruston - Building 8
5058 - 5064 Main St Tacoma WA 98407
Listing #: 680846 | Status: Available | Last Modified: 9/16/2024 |
For Sale
- Phone:(206) 296-9628
- Email:erik.swanson@kidder.com
- Office Name:Kidder Mathews
- Office Phone:(206) 296-9600
- Office Website:
- Agent Phone:(206) 926-9292
- Agent Email:mike.king@kidder.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 13,200,000.0
- $/SF$ 1,343.4
- Listing StatusAvailable
- Days on Market207
- Asset ClassRetail
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 7.03 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- AnchorCinemark
- 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 Units
- # of Elevators
- A/CYes
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF9826
- Net Rentable Area9826
- Total Office SF
- Largest Contiguous SF
- Lot SF114592
- Acres2.63
- Property TypeRetail
- Office Type
- InvestmentYes
- Building Class
- CountyPierce
- Vicinity
- Location Description
- Second Address
- Cross StreetRuston Way
- Market AreaNorth Tacoma
- Tax ID #0221231101
- Additional Parcels
- ZoningMDP-PR
- LEED CertificationRegistered/Pending
- LEED Level
- Year Built2018
- Year Renovated
- Completion Date11/01/2017
- Roof Type
- SprinklersYes
- Construction TypeFramed, Wood
Point Ruston - Building 8 & Century Theater
- Building 8 is a 10,110 SF building with 4 retail suites. The property is 82.2% occupied with MultiCare Indigo Urgent Care, Obee Credit Union, and Rebels & Lovers clothing store. - Century Theater is a 35,815 SF condo that is fully occupied by Century Theater, Inc. Century Point Ruston was opened in 2015 with nine screens and "luxury lounger" recliner seats. Century operates under the parent company Cinemark, a publicly traded company out of Dallas that operates hundreds of theatres. - The properties are currently under court-appointed receivership. Any offer will require a sale motion and court approval. Please fill out the confidentiality agreement to access the offering memorandum and due diligence materials. Visit the offering website to register.
Stand-Alone