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6901 S 19th St Tacoma WA 98465
Listing #: 686903 | Status: Available | Last Modified: 11/22/2024
Showing Instructions | |
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Call Listing Agent | No |
Use Discretion | No |
Investment Information | |
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Investment Prop | Yes |
Gross Income | 0 |
Vacancy Factor % | 3.00% |
Operating Expenses | 0 |
Net Operating Income | 0 |
CAP Rate | 0.00 % |
Detail Listing Information | |
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Min Total SF | 0 SF |
Max Total SF | 0 SF |
Lease Rate Low | $ 0.00 |
Lease Rate High | $ 0.00 |
Retail Information | |
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Signage | Signage on Building and Freestanding |
Anchor | Fred Meyer, Rite Aid, US Bank |
Retail Asset Class Info | |
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Crane Tonnage | 0 |
Building Information | |
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Building Status | Existing |
# of Buildings | 9 |
# of Floors | 1 |
A/C | Yes |
Total Building SF | 140,240 SF |
Net Rentable Area | 140,240 SF |
Total Office SF | 0 SF |
Largest Contiguous SF | 5,000 SF |
Lot SF | 694,934 SF |
Acres | 15.95 |
Year Built | 1995 |
Year Renovated | 2004 |
Sprinklers | Yes |
Construction Type | Masonry |
Property Type | |
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Property Type | Retail |
Office Type | Multi-Tenant |
Investment | Yes |
Location | |
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County | Pierce |
Second Address | 1802-1820 & 1850 S Mildred St |
Cross Street | Mildred St |
Market Area | University Place/Fircrest |
Tax ID # | 0220034089 |
Zoning | CCX |
Parking Information | |
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#Covered Spaces | 0 |
# Uncovered Spaces | 778 |
Total Parking Spots | 778 |
The grocery & drug component provides stability and draw to the investment. Fred Meyer and Bartell Drugs recently signed lease extensions highlighting their commitment to the Center. Bartell Drugs recently completed an extensive interior and exterior remodel, including a “banner flip” from Rite Aid to Bartell Drugs. Given the hard corner location and free-standing pad with a drive-thru, Bartell Drug’s rent of $11.94/SF/YR provides future rental upside. Fred Meyer recently completed exterior and interior improvements to this location which is a testament to the success of this store and Kroger’s commitment to the location. Improvements included new refrigeration, new exterior signage and a new “click & collect” shopping feature. The Center benefits from long-term leases and recent lease
Fred Meyer & Rite Aid anchored retail center. Excellent access and visibility. High foot traffic shopping center with great synergy.
Drive-Thru, Grocery Anchor, Mixed-Use, Restaurant, Strip Mall, Bank
James Center
6901 S 19th St Tacoma WA 98465
Listing #: 686903 | Status: Available | Listing Date: 9/17/2024 | Last Modified: 11/22/2024 | Email Listing