11401 Steele Street S, Tacoma, WA 98444
- $2,895,000
Listing courtesy of Keller Williams Rlty Bellevue. Selling Office: ZNonMember-Office-MLS.
- Sold Price
- $2,895,000
- List Price
- $2,895,000
- Status
- SOLD
- MLS#
- 1647412
- Closing Date
- Feb 11, 2022
- Days on Market
- 412
- Annual Tax Ammount
- 23274
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.
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Additional Information
- Community
- Tacoma
- Building Condition
- Very Good
- Style
- 75 - Retail
- Year Built
- 2005
- Roof
- Flat
- Tax Year
- 2019
- Potential Terms
- Cash Out, Conventional
- Driving Directions
- Take highway 512 off Interstate 5 to Steele street exit and take Steele street south to 11401. Building is located on your left side.
- Electric Expenses
- 2418
- Other Expenses
- 4863
- Energy Source
- Electric
- Net Operating Income
- $182,152
- Gross Adjusted Income
- $250,362
- Gross Scheduled Income
- $250,362
- Water/Sewer/Garbage Expenses
- $21,600
- Cap Rate
- 6.2
- Total Expenses
- $54,750
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