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James Center Plaza - Tacoma, WA

James Center Plaza - Tacoma, WA

$9,325,000.00Price

Address: 1628 S Mildred St, Tacoma, WA 98465

Rentable SF: 34,272 SF

Total Land Area: 46,000 SF

Price Per SF: $272.09

Price Per Land SF: $202.72

 

 

 

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  • Investment Highlights

    • 93.4% Occupied with 28% Rental Upside
    • 17,987 VPD
    • Strong Historical Occupancy
    • Passive NNN Leases
    • Ample Parking
    • Recent Surge in Residential Development

  • Investment Overview

    THE VARA GROUP is excited to announce the exclusive sale
    offering of James Center Plaza, a medical office building in the
    Fircrest neighborhood of Tacoma, WA. The property offers
    34,272 rentable square feet and is currently leased to 9 medical dental tenants under NNN lease terms. The asset features an
    abundance of parking via shared spaces within the Neighborhood
    Center, including 24 exclusive stalls on the parcel. Anchored by
    several national retailers, the James Center Commercial District
    benefits from a strong suburban demographic, driven by an aging
    population that supports off-campus medical-dental demand.

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