2210 S. C Street - Tacoma, WA
2210 S. C Street, Tacoma, WA
Rentable Bldg Area: 103,023 SF (Approx.)
Lot Size: 47,850 SF (Approx.)
Year Built: 1961/2019
EXCELLENT CORE LOCATION
The property is extremely well located in the core
of Downtown Tacoma with immediate access to
I-5, the Port of Tacoma and the new Sound Transit
light rail system.
BELOW REPLACEMENT COST
The building is priced well below replacement cost
and is in a heavily supply and land constrained
market with massive barriers to entry for
RECENT CAPITAL EXPENDITURES
The current ownership group has spent in excess
of $2,500,000 on capital expenditures that include
a new roof on the southern building portion, LED
light fixtures, Reznor space heaters, and painting.
LOW VACANCY SUBMARKET
The immediate Tacoma CBD submarket has a
vacancy rate of less than 5% for comparable
ADAPTIVE REUSE PROPOSAL
The property is highly versatile and would lend
itself to a variety of industrial, creative office,
self-storage, or mixed-use redevelopment projects.
MAJOR NEARBY DEVELOPMENTS
The property is positioned in direct proximity to
the new regional light rail system, the Tacoma Town
Center mixed-use development, and many other
large scale and exciting new development projects.
HIGH LOADING CAPACITY
The building features 6 dock-high and 3 grade
level loading doors.
The property enjoys a highly skilled workforce due
to the presence of multiple higher education centers
such as University of Puget Sound, Pacific Lutheran
University, and University of Washington Tacoma.
The Vara Group is pleased to present the sale offering for an extremely versatile industrial/flex building at 2210 S. C St. The property is conveniently located with immediate access to the Port of Tacoma, I-5, and Downtown Tacoma. The property features ample power, grade level and dock high loading doors, and flexible zoning.
This perfectly situated core value add property has already undergone extensive capital improvements. The opportunity to purchase this extremely well located and versatile asset at well below replacement cost certainly offers the savvy developer, owner occupant or investor endless possibilities within the rapidly growing Downtown Tacoma market.