2330 S 78th St
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2330 S 78th St
16,703 SF Industrial Building Tacoma, WA 98409 $3,200,000 ($192/SF) 6.76% Cap Rate
Investment Highlights
- Easy access to I-5 and Highway 512
- Long Term tenant
- On site parking for approximately 35 cars
- 18' ceilings w/ 2 floors of office space w/ room to add more second floor offices if needed.
Executive Summary
Conveniently located warehouse/office building. This a great investment property with a long-time tenant on a NNN lease with CPI annual increases. Close to I-5 and Hwy 512. Easy on and off access. Building has 18' ceilings; the office space is 2 stories with single story office space designed to add another story if needed. Tenant is a national optical company operating in this location for over 20 years. Onsite parking for approximately 35 cars. This wood framed building with metal siding sits on the corner of S. 78th St & Trafton, just off of Tacoma Mall Blvd.
Property Facts
| Price | $3,200,000 | Rentable Building Area | 16,703 SF |
| Price Per SF | $192 | No. Stories | 2 |
| Sale Type | Investment NNN | Year Built | 1992 |
| Cap Rate | 6.76% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.99/1,000 SF |
| Property Subtype | Manufacturing | Clear Ceiling Height | 18’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 0.89 AC |
| Price | $3,200,000 |
| Price Per SF | $192 |
| Sale Type | Investment NNN |
| Cap Rate | 6.76% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 0.89 AC |
| Rentable Building Area | 16,703 SF |
| No. Stories | 2 |
| Year Built | 1992 |
| Tenancy | Single |
| Parking Ratio | 1.99/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Drive In / Grade-Level Doors | 1 |
Amenities
- 24 Hour Access
- Signage
- Air Conditioning
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Hoya Optical
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Hoya Optical | Retailer | 99,999 SF | $9.99 | Lorem Ipsum | - |
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PROPERTY TAXES
| Parcel Number | 032030-4010 | Improvements Assessment | $1,168,600 |
| Land Assessment | $464,600 | Total Assessment | $1,633,200 |
PROPERTY TAXES
Parcel Number
032030-4010
Land Assessment
$464,600
Improvements Assessment
$1,168,600
Total Assessment
$1,633,200
zoning
| Zoning Code | M1-STGPD (Light Industrial District & South Tacoma Groundwater Protection District) |
| M1-STGPD (Light Industrial District & South Tacoma Groundwater Protection District) |
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2330 S 78th St
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