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1628 S Mildred St
Tacoma, WA 98465

$9,325,000 USD

Medical For Sale  •  33,272 SF

Property Details

  • Property Type Medical
  • Total Building Size 33,272 SF
  • Lot Size 1.06 AC
  • Building Class B
  • Year Built 1997
  • Cap Rate 6.48 %
  • Tenancy Multiple
  • Zoning CCX
0 Transit Score
74 Walk Score

Highlights

RECENT CAPITAL EXPENDITURES
EXCELLENT LOCATION
SIGNIFICANT RENTAL UPSIDE
STABILIZED NNN INVESTMENT
STRONG HISTORICAL OCCUPANCY
SIGNIFICANT NEARBY DEVELOPMENT

Property Flyers

Financial Summary (Actual)

Net Operating Income: $603,995 USD (2023)
Cap Rate: 6.48 %
Total Expenses: $343,574 USD

Amenities

  • Bus Line
  • Signage
  • Wi-Fi

Public Transportation

Commuter RailDriveWalkDistance
South Tacoma Station (Seattle - Tacoma/Lakewood - Sound Transit) 10 min - 4.9 mi
Tacoma Dome Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder), Tacoma Link - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) 11 min - 5.9 mi
AirportDriveWalkDistance
Seattle-Tacoma International 41 min - 26.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 24
Type: Surface
Included in Rent: Yes
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