11401 Steele St S, Tacoma, WA 98444

$2,950,000

Listing courtesy of Keller Williams Rlty Bellevue.

List Price
$2,950,000
Status
ACTIVE
MLS#
1555850
Days on Market
166

Property Description

Excellent South Tacoma location multi- tenant retail shopping center. 116th St. Center consists of 8 units shared by 5 tenants. The building is 2005 construction in a high traffic area. This building is highly visible with plenty of parking.The building has a great tenant mix and turnkey for any new owner. Financials include executed lease for unit 105 that begins February 1st 2020. Unit is 104 is vacant and could be leased for $25 per foot per year which would put well above 6.5 Cap

Additional Information

Community
Tacoma
Property Type
COMI
Building Condition
['Very Good']
Style
75 - Retail
Year Built
2005
Exterior
Brick, Cement/Concrete, Metal/Vinyl
Roof
Flat
Annual Taxes
$23,274
Tax Year
2019
Potential Terms
Cash Out, Conventional
ENS
Electric
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks