For more information on this listing, please contact...
Janene Mapes
206-417-2800
Email
  • Listing #:
    • 1347706
  • Price:
    • $6,175,000
  • Status:
    • Active
  • Property Type:
    • Commercial
  • Type:
    • Comm Bldg Ovr 10K
  • # of Acres:
    • 0.32
  • Lot Sq.Ft.:
    • 13,800
  • Year Built:
    • 1968
  • Address:
    • 955 Tacoma Ave S
  • Community:
    • Tacoma
  • City:
    • Tacoma
  • County:
    • Pierce
  • State:
    • WA
  • Zip:
    • 98402
  • Terms:
    • Cash Out, Conventional
  • Right of 1st Refusal:
    • No
QR Code

Description
Current Cap Rate @ 6%. Well Maintained Office Building In Downtown Tacoma Municipal District.~building Is Secured Tour With Discretion ~ 100% Leased With Full Service Leases, This Cared For Brick 31,447 Sq Ft, Class A Office Building With 68 Stall Parking Garage. Building's Roof Recently Replaced, The Windows Re-caulked An, Pressure Washed & Many Other Updates. Do Not Disturb Or Approach Tenants & Visitors - The Building Is Locked Down, All Viewings Of Interior & Offices Upon Mutual Acceptance.
Property Features
  • Misc Details
    • Boundary Survey:
      • - No
    • Environment Survey:
      • - Yes
    • Form 17:
      • - Provided
  • Unit 1
    • Description:
      • - South Sound 911
    • Rent Unit 1:
      • - 21225
    • Type Of Use Unit 1:
      • - Call Center
    • Square Feet Unit 1:
      • - 9863
    • Lease Expiration Unit 1:
      • - 2020-02-28 00:00:00
  • Unit 2
    • Description:
      • - Pierce County
    • Rent Unit 2:
      • - 6186
    • Type Of Use Unit 2:
      • - Pierce County
    • Square Feet Unit 2:
      • - 3116
    • Lease Expiration Unit 2:
      • - 2022-10-31 00:00:00
  • Unit 3
    • Description:
      • - Pierce County
    • Rent Unit 3:
      • - 5372
    • Type Of Use Unit 3:
      • - Pierce County
    • Square Feet Unit 3:
      • - 3473
    • Lease Expiration Unit 3:
      • - 2022-10-31 00:00:00
  • Unit 4
    • Description:
      • - Pierce County
    • Rent Unit 4:
      • - 9409
    • Type Of Use Unit 4:
      • - Pierce County
    • Square Feet Unit 4:
      • - 5129
    • Lease Expiration Unit 4:
      • - 2022-10-31 00:00:00
  • Unit 5
    • Description:
      • - Nco
    • Rent Unit 5:
      • - 1912
    • Type Of Use Unit 5:
      • - Collections
    • Square Feet Unit 5:
      • - 805
    • Lease Expiration Unit 5:
      • - 2020-01-31 00:00:00
  • Unit 6
    • Description:
      • - Pierce County
    • Rent Unit 6:
      • - 5444
    • Type Of Use Unit 6:
      • - Collections
    • Square Feet Unit 6:
      • - 3095
    • Lease Expiration Unit 6:
      • - 2022-10-31 00:00:00
  • Tax Details
    • Tax Year:
      • - 2018
    • Tax Expense:
      • - $44,493.00
  • Income / Expenses
    • Vacancy Rate:
      • - 1
    • Cap Rate -NOI Div LP:
      • - 5.75
    • Net Operating Costs:
      • - $346,935.00
    • Electrical Expenses:
      • - $21,555.00
    • Heating Expenses:
      • - $21,555.00
    • Insurance Expenses:
      • - $6,176.00
    • Other Expenses:
      • - $86,000.00
    • Total Monthly Rent:
      • - $49,282.00
    • Gross Scheduled Income:
      • - $557,256.00
    • Gross Adjusted Income:
      • - $557,256.00
  • Parking
    • Total Covered Parking:
      • - 63
  • Build Sq Ft
    • Approx. Building Sq. Ft.:
      • - 31,447.00
    • Approx. Office Sq. Ft.:
      • - 25,556.00
    • Total Square Feet Rented:
      • - 25481
  • Building Details
    • Building Condition:
      • - Very Good
    • Loading:
      • - Ramp
  • Building Details
    • Features:
      • - Elevator
      • - Signage Included
      • - Sprinklered
      • - Storage
    • Floor Covering:
      • - Ceramic Tile
      • - Concrete
      • - Vinyl
      • - Wall To Wall Carpet
    • Foundation:
      • - Poured Concrete
    • Exterior:
      • - Brick
      • - Cement / Concrete
      • - Metal / Vinyl
      • - Wood Products
    • Roof:
      • - Flat
      • - See Remarks
  • Pads
    • Pad Ready:
      • - N
  • Lot Details
    • Depth Of Lot:
      • - 120
    • Lot Dimensions:
      • - 115 X 120 X 115 X 120
    • Site Frontage:
      • - 115
  • Land Details
    • Expansion Area:
      • - No
    • Topography:
      • - Level
      • - Sloped
  • Utilities
    • Energy Source:
      • - Electric
      • - Natural Gas
    • Power Company:
      • - Tpu
    • Water / Sewer / Garbage:
      • - 21555
    • Sewer:
      • - Sewer Connected
    • Sewer Company:
      • - Tpu
    • Water Company:
      • - Tpu
    • Water Source:
      • - Public
  • Zoning
    • General Zoning Classification:
      • - Office
      • - See Remarks
    • Zoning Jurisdiction:
      • - City
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For more information on this listing, please contact...
Janene Mapes
206-417-2800
Email
68490

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