James Center Plaza | Tacoma, WA
UNDER CONTRACT – James Center Plaza is a 34,272 SF medical office building located in the Fircrest neighborhood of Tacoma, WA. The property is fully leased to 9 medical-dental tenants under triple-net (NNN) terms, offering dependable cash flow. Situated within the James Center Commercial District, the asset benefits from a suburban location with strong demographics and a growing need for off-campus medical services. Shared parking throughout the Neighborhood Center and 24 exclusive stalls provide convenience for patients and staff alike. Anchored by national retailers, this stabilized asset is positioned for long-term performance.
Property Overview
- Address: 1628 S Mildred St, Tacoma, WA 98465
- Rentable SF: 34,272 SF
- Total Land Area: 46,000 SF
- Price Per SF: $259.69
- Price Per Land SF: $193.48
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