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3802 S Cedar St
Tacoma, WA 98409

Action Business Furniture Building · Retail Property For Sale

Executive Summary

Total Building Size: 30,053 SF
Available For Lease: 3,571- 11,222 SF
7,651 SF retail/office
3,571 flex/warehouse
In-place NNN income from 3 existing tenants
High Visibility, Hard Corner at So. 38th & So. Cedar St.
Rear Loading (dock & grade level) & Yard
Zoning: Urban Center Mixed Use (UCX STGPD)
High Density-Regional Growth Center & Opportunity Zone.
Lease Rate: $15.00/SF, NNN
Purchase Price - Reduced!: $5,950,000 ($197.98 SF)

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
30,000 SF
Building Class
C
Year Built
1978
Price
$5,950,000
Price Per SF
$198
Percent Leased
63%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.44
Lot Size
1.56 AC
Opportunity Zone
Yes
Zoning
Urban Center Mixed Use
Parking
80 Spaces (2.67 Spaces per 1,000 SF Leased)
Frontage
198 FT on S S Cedar St St

Amenities

  • Bus Line
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
971000-1651
Land Assessment
$2,363,600
Improvements Assessment
$1,169,700
Total Assessment
$3,533,300
  • Listing ID: 28509265

  • Date on Market: 5/17/2023

  • Last Updated:

  • Address: 3802 S Cedar St, Tacoma, WA 98409

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