7030 Pacific AvenueTacoma, WA98408
Listing courtesy of Kevin G. Verger of Kidder Mathews
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
We are pleased to present the opportunity to acquire Seventy Two Pacific, a 22,996 SF retail center located near the signalized intersection of E 72nd St & Pacific Ave with excellent visibility & traffic exposure, with over 42,000+ vehicles per day. The offering includes two existing buildings, a fully-leased 4-tenant retail center providing immediate cash flow at a 6.75% in-place cap rate, and an adjacent 18,442 SF recently vacant retail building offered well below replacement cost at $165/SF, providing flexibility for an owner-user, value-add investor, or developer. Additionally, permits have been submitted for a 3,000 SF retail building to be constructed on the south end of the parcel, providing future upside.
| 2 weeks ago | Listing updated with changes from the MLS® | |
| a month ago | Listing first seen on site |
Listing courtesy of Kevin G. Verger of Kidder Mathews
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Last checked: 2025-10-29 11:18 AM PDT
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