2940 M StTacoma, WA 98409
23,500 SF Flex Space, 6.75% Cap Rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 119
Highlights
- 6.75% projected capitalization rate upon full occupancy.
- 7,500 square feet potentially available for owner-user.
- Triple Net (NNN) leases with annual rent increases.
- Stable tenancy with 68% current occupancy.
Property Details for 2940 M St
- Property type
- Warehouses, Industrial properties
- Square Feet
- 23,500 SF
- Class
- C
- Year Built/Renovated
- 2001/2006
- Buildings
- 2
- Stories
- 1
- Lot Size (sq. ft)
- 67,518 SF
- Units
- 5
Location Insight
- City
- Tacoma
- County
- Pierce
- State
- Washington
- Latitude
- 47.232385540406
- Longitude
- -122.45049323418
Nearby Similar for Sale
FAQs
- What type of property is this?
- Warehouse - 23,500 SF Flex Space, 6.75% Cap Rate
- Where is the warehouse located?
- The property is located at 2940 M St Tacoma, WA.
- What is the asking price?
- The asking price for this property is $5,200,000.
- What are key features of this property?
- This property features: 6.75% projected capitalization rate upon full occupancy.; 7,500 square feet potentially available for owner-user.; Triple Net (NNN) leases with annual rent increases.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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Contacts
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2940 M St, Tacoma, Washington, 98409
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2940 M St, Tacoma, Washington, 98409
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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