WA > Tacoma > Tacoma
Tacoma, WA 98418,111 S 38th ST
Tacoma, WA 98418,111 S 38th ST
Tacoma, WA 98418,111 S 38th ST
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Listed by Kidder Mathews
$10,990,000
Est. payment /mo
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3.67 Acres Lot
Active

111 S 38th ST Tacoma, WA 98418

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Whitney Johnson

Whitney Johnson

+1(509) 240-6438

UPDATED:

02/17/2025 06:00 PM

Key Details

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Active

Purchase Type For Sale

Subdivision Tacoma

MLS Listing ID 2309863

Style 75 - Retail

Year Built 2003

Lot Size 3.671 Acres

Property Sub-Type Commercial Industrial

Property Description

Pleased to present a rare opportunity to acquire a Corporate Leased Single-Tenant NNN 24-Hour Fitness with over 13 years remaining on the lease. In 2018, 24 Hour Fitness invested $3M in tenant improvements and recently waived their one-time right to an early termination, solidifying their long-term commitment to the property and showcasing their confidence in the location. Strategically located on S 38th St, Tacoma's primary retail corridor, the property is surrounded by national retailers like Costco, Target, and Walgreens. Its proximity to major highways, including Hwy 16 and I-5, ensures high visibility and ease of access, positioning this asset for long-term success.

Location

State WA

County Pierce

Area 54 - South Tacoma

Interior

Fireplace false

Building

Sewer Septic Tank

Others

Senior Community No

Acceptable Financing See Remarks

Listing Terms See Remarks

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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agent

Whitney Johnson

Owner/Broker | License ID: 90947

+1(509) 240-6438

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