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1301 E 72nd St
Tacoma, WA 98404

Department of Social & Health Services · Office Property For Sale

Investment Highlights

  • ATTRACTIVE ACQUISITION FINANCING TERMS AVAILABLE - 5.5% INTEREST, 75% LTV, 30 YEAR AMM, 5-YEAR TERM
  • RECENT $715,000+ PROPERTY IMPROVEMENTS
  • RECESSION PROOF / ESSENTIAL TENANT
  • RECENT 5-YEAR LEASE WITH 13.5% RENT INCREASE OVER PREVIOUS LEASE
  • BUILD TO SUIT W/ STRONG HISTORICAL OCCUPANCY
  • STRATEGICALLY LOCATED ADJACENT TO MAJOR TRANSIT CENTER

PROPERTY FACTS

Property Type
Office
Building Size
30,000 SF
Building Class
B
Year Built/Renovated
1994/2022
Tenancy
Single
Building Height
1 Story
Typical Floor Size
30,000 SF
Building FAR
0.24
Lot Size
2.93 AC
Zoning
C-2, Tacoma
Parking
175 Spaces (5.83 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
916000-0591
Land Assessment
$2,367,061
Improvements Assessment
$4,672,890
Total Assessment
$7,039,951
  • Listing ID: 29462519

  • Date on Market: 2023-09-07

  • Last Updated:

  • Address: 1301 E 72nd St, Tacoma, WA 98404

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