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2637 N Pearl St

47,543 SF 100% Leased Retail Building Tacoma, WA 98407 For Sale

Investment Highlights

  • Strong Grocery Anchor with Top Tier Sales
  • Stable In-Place Cash Flow With Leasing Upside
  • High-Performing Inline Tenancy with Flexible Exit Strategy
  • Affluent Population Base With Disposable Income
  • Prime Location With Unmatched Visibility
  • Nearby Education Hub

Executive Summary

JLL has been exclusively retained by Ownership to present a unique investment opportunity: the acquisition of Tri City Crossroads, a thriving regional retail center in Oceanside, California. Boasting an expansive 83,230 square-foot area, this property is strategically positioned in the affluent and rapidly growing area of Oceanside. Its advantageous location adjacent to SR-78 and College Boulevard offers high visibility and exposure to a daily traffic volume of over 73,000 vehicles via Plaza Dr. and College Blvd.
With a current occupancy rate of 96.8%, Tri City Crossroads showcases a well-curated tenant mix that appeals to the surrounding affluent suburban community. This includes a range of daily needs and fast casual food tenants that synergistically enhance the overall retail experience. Notable co-tenants at the property include TJ Maxx, Goodwill, and Sizzler.

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
47,543 SF
Building Class
B
Year Built
2002
NOI
$3,429,997 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Land Acres
4.94 AC
Zoning
CCX
Parking
76 Spaces

Amenities

  • Signage
Walk Score ®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Safeway
Chase Bank
Starbucks
Anytime Fitness
KeyBank
Bank of America
Umpqua Bank
Planet Fitness
MOD Pizza
StretchLab

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 704500-0316
  • 704500-0302
Land Assessment
$9,671,813 CAD
Improvements Assessment
$16,363,323 CAD
Total Assessment
$26,035,136 CAD
  • Listing ID: 31822507

  • Date on Market: 2024-05-16

  • Last Updated:

  • Address: 2637 N Pearl St, Tacoma, WA 98407

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