LISTING DETAILS

24 Hour Fitness

111 S 38th St Tacoma WA 98418

Listing #: 689252 | Status: Available | Last Modified: 11/20/2024

Showing Instructions
Call Listing AgentNo
Use DiscretionNo
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
Anchor24 Hour Fitness
Retail Asset Class Info
Crane Tonnage0
Building Information
Building StatusExisting
# of Buildings1
# of Floors1
Total Building SF44,647 SF
Net Rentable Area44,647 SF
Total Office SF0 SF
Largest Contiguous SF0 SF
Lot SF159,865 SF
Acres3.67
Year Built2003
Year Renovated2017
Property Type
Property TypeRetail
Office TypeSingle Tenant
InvestmentYes
Location
CountyPierce
Market AreaAllenmore Medical District
Tax ID #7470021611
ZoningTAC

111 S 38th St, Tacoma, WA 98418

Showing Instructions

VIEW_WITH_DISCRETION

Public Comments

We are pleased to present a rare opportunity to acquire a Corporate Leased Single-Tenant NNN 24-Hour Fitness with over 13 years remaining on the lease. In 2018, 24 Hour Fitness invested $3M in tenant improvements and recently waived their one-time right to an early termination, solidifying their long-term commitment to the property and showcasing their confidence in the location. Strategically located on S 38th St, Tacoma’s primary retail corridor, the property is surrounded by national retailers like Costco, Target, and Walgreens. Its proximity to major highways, including Hwy 16 and I-5, ensures high visibility and ease of access, positioning this asset for long-term success. Investment Highlights: - Corporate Guaranteed Lease: 24 Hour Fitness USA, Inc., a premier fitness chain with

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24 Hour Fitness
111 S 38th St Tacoma WA 98418

Listing #: 689252 | Status: Available | Listing Date: 11/11/2024 | Last Modified: 11/20/2024 | Email Listing

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24 Hour Fitness

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