Property Details
7030 Pacific Avenue
Tacoma, WA 98408
$3,710,000
Active
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Property Overview
Pleased to present the opportunity to acquire Seventy Two Pacific, a 22,996 SF retail center located near the signalized intersection of E 72nd St & Pacific Ave with excellent visibility & traffic exposure, with over 42,000+ vehicles per day. The offering includes two existing buildings, a fully-leased 4-tenant retail center providing immediate cash flow at a 6.75% in-place cap rate, and an adjacent 18,442 SF recently vacant retail building offered well below replacement cost at $105/SF, providing flexibility for an owner-user, value-add investor, or developer. Additionally, permits have been submitted for a 3,000 SF retail building to be constructed on the south end of the parcel, providing future upside.
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Active
County
Pierce
Neighborhood
Se Tacoma
Listed
Apr 23, 2026
Financial Summary
Cap Rate
6.75%
Net Operating Income
$119,496
Building & Use
Building Sq Ft
22,996
Zoning
Retail
Possible Use
Retail
Lot Size
1.76 acres
Year Built
2007
Exterior & Lot
Lot Size
1.76 sqft
Year Built
2007
Sewer
Available
Water Source
See Remarks
Location
City
Tacoma
County
Pierce
Coordinates
47.19264, -122.43478
Additional Information
Possession
Array
Based on information submitted to the MLS GRID as of April 25, 2026 5:11 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
