11401 Steele St S

    Tacoma, WA 98444
    • $2,950,000
    • STATUS: Pending Feasibility
    • ON SITE: 34 days
    • ID#: 1555850
    Under Contract
    UPDATED: 77 min ago
    $2,950,000
    • 0
      BEDS
    • 1.53
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    2005
    County:

    School Ratings & Info

    Listing Courtesy of Keller Williams Rlty Bellevue.

    Description

    Excellent South Tacoma location fully leased multi- tenant retail shopping center. 116th St. Center consists of 8 units shared by 5 tenants. The building is 2005 quality 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.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Kendra Todd Group at Keller Williams are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-02-25T10:13:56.817.

    www.thekendratoddgroup.com/homes/102483193

    11401 Steele St S Tacoma, WA 98444

    • Price: $2,950,000
    • Status: Pending Feasibility
    • Updated: 77 min ago
    • ID#: 1555850
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.53
    Acres
    2005
    Built
    Neighborhood:
    Tacoma
    County:
    Pierce
    Area:
    Southeast Tacoma
    Property Description
    Excellent South Tacoma location fully leased multi- tenant retail shopping center. 116th St. Center consists of 8 units shared by 5 tenants. The building is 2005 quality 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.
    Exterior Features

    Building Condition Very Good Exterior BrickCement/ConcreteMetal/Vinyl Foundation Slab Lot Depth 0 Lot Topography And Vegetation Level Roof Flat Site Frontage 0 Style 75 - Retail Total Covered Parking Spaces 0 Total Uncovered Parking Spaces 0 Waterfront Footage 0

    Interior Features

    Building Sq Ft 9773 Heating And Cooling 90%+ High Efficiency Office Sq Ft 0 Total Sq Ft Rented 9424

    Property Features

    Assessed Value Improvements 0 Assessed Value Land 0 Assessed Value Total 0 Assessed Value Year 0 Available Pads 0 Bank Owned No Boundary Survey 6.00 Cap Rate N Commercial Features Signage IncludedSprinkleredStorageJ Electrical Expenses 2418 Energy Source Electric Environment Survey N EPSEnergy 0 Form17 Provided Free And Clear N General Zoning Classification BusinessCommercialOfficeRetail Gross Adjusted Income 242851 Gross Rent Multiplier 11 Gross Scheduled Income 250362 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 2595 Net Operating Income 188101 Other Expenses 4863 Possession Closing Power Service Amps 0 Right Of First Refusal Yes Sewer Sewer Connected Tax Amount 23274 Tax Year 2019 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 54750 Total Expenses TEX 54750 Total Monthly Rent 20863 Vacancy Rate 3 Water Sewer Garbage 21600 Water Source Public Zoning Jurisdiction County

    Listing information © 2020 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by The Kendra Todd Group at Keller Williams and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Kendra Todd Group at Keller Williams are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-02-25T10:13:56.817.

     
    The Kendra Todd Group at Keller Williams
    1307 N. 45th Street Suite 300
    Seattle WA, 98103
    Listing Courtesy of Keller Williams Rlty Bellevue.