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
Erik Swanson
  • Phone:(206) 296-9628
  • Email:erik.swanson@kidder.com
  • Office Name:Kidder Mathews
  • Office Phone:(206) 296-9600
  • Office Website:
Mike King, CCIM
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 13,200,000.0
  • $/SF$ 1,343.4
  • Listing StatusAvailable
  • Days on Market207
  • Asset ClassRetail
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income0
  • Vacancy Factor %0.00%
  • Operating Expenses0
  • Net Operating Income0
  • CAP Rate 7.03 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • AnchorCinemark
Retail Asset Class Info
  • Crane Count
  • Crane Tonnage0
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Second Road Front
  • Grade Level Door Count
  • Tennant Improvement Allowance
Associated Files
Building Information
  • 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 Type
  • Property TypeRetail
  • Office Type
  • InvestmentYes
  • Building Class
Location
  • CountyPierce
  • Vicinity
  • Location Description
  • Second Address
  • Cross StreetRuston Way
  • Market AreaNorth Tacoma
  • Tax ID #0221231101
  • Additional Parcels
  • ZoningMDP-PR
Green Building
  • LEED CertificationRegistered/Pending
  • LEED Level
Construction
  • Year Built2018
  • Year Renovated
  • Completion Date11/01/2017
  • Roof Type
  • SprinklersYes
  • Construction TypeFramed, Wood

Point Ruston - Building 8 & Century Theater

Public Comments

- 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.

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