James Center Plaza | Tacoma, WA

$9,325,000.00

Address: 1628 S Mildred St, Tacoma, WA 98465

Rentable SF: 34,272 SF

Total Land Area: 46,000 SF

Price Per SF: $272.09

Price Per Land SF: $202.72

Investment Highlights
• 93.4% Occupied with 28% Rental Upside
• 17,987 VPD
• Strong Historical Occupancy
• Passive NNN Leases
• Ample Parking
• Recent Surge in Residential Development
Investment Overview
THE VARA GROUP is excited to announce the exclusive sale offering of James Center Plaza, a medical office building in the Fircrest neighborhood of Tacoma, WA. The property offers 34,272 rentable square feet and is currently leased to 9 medical dental tenants under NNN lease terms. The asset features an abundance of parking via shared spaces within the Neighborhood Center, including 24 exclusive stalls on the parcel. Anchored by several national retailers, the James Center Commercial District benefits from a strong suburban demographic, driven by an aging population that supports off-campus medical-dental demand.

Investment Highlights