LISTING DETAILS

James Center

6901 S 19th St Tacoma WA 98465

Listing #: 686903 | Status: Available | Last Modified: 11/22/2024

Showing Instructions
Call Listing AgentNo
Use DiscretionNo
Investment Information
Investment PropYes
Gross Income0
Vacancy Factor %3.00%
Operating Expenses0
Net Operating Income0
CAP Rate0.00 %
Detail Listing Information
Min Total SF0 SF
Max Total SF0 SF
Lease Rate Low$ 0.00
Lease Rate High$ 0.00
Retail Information
SignageSignage on Building and Freestanding
AnchorFred Meyer, Rite Aid, US Bank
Retail Asset Class Info
Crane Tonnage0
Building Information
Building StatusExisting
# of Buildings9
# of Floors1
A/CYes
Total Building SF140,240 SF
Net Rentable Area140,240 SF
Total Office SF0 SF
Largest Contiguous SF5,000 SF
Lot SF694,934 SF
Acres15.95
Year Built1995
Year Renovated2004
SprinklersYes
Construction TypeMasonry
Property Type
Property TypeRetail
Office TypeMulti-Tenant
InvestmentYes
Location
CountyPierce
Second Address1802-1820 & 1850 S Mildred St
Cross StreetMildred St
Market AreaUniversity Place/Fircrest
Tax ID #0220034089
ZoningCCX
Parking Information
#Covered Spaces0
# Uncovered Spaces778
Total Parking Spots778

James Center

Public Comments

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

Public Building Comments

Fred Meyer & Rite Aid anchored retail center. Excellent access and visibility. High foot traffic shopping center with great synergy.

Search Tags

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

For Sale

James Center

Listing Images