Map of Property

111 South 38th Street

For Sale

111 South 38th Street, Tacoma, WA 98418

This Tacoma property for sale is located at 111 South 38th Street. The current listed sale price for 111 South 38th Street is $10,990,000.

Contacts

broker
Kevin Simpson-Verger

Kidder Mathews

broker
Maggie Verger

Kidder Mathews

Property Details

  • Property Type Retail
  • Property Size 44,647 SF
  • NOI / YR 769524
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 110
  • Parking Ratio 2.46 / 1,000 SF
  • Year Built 2003
  • Date Updated Nov 20, 2024

The Verger Team is 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.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 74/100

    Walk Score ®

  • 54/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Tacoma, WA
  • Neighborhood Eastside Tacoma
  • Zip Code 98418

Points of Interest

  • South 25th Street

    1.03 miles

  • S 25th St

    1.03 miles

  • Tacoma

    1.08 miles

  • Tacoma Dome

    1.10 miles

  • Union Station/South 19th Street

    1.44 miles

  • Union Station

    1.44 miles

  • Saint Joseph

    1.67 miles

  • St Joseph

    1.67 miles

  • Convention Center/South 15th Street

    1.77 miles

  • Convention Center

    1.77 miles

  • Shell

    0.12 miles

  • Safeway Fuel Station

    0.97 miles

  • Chevron

    1.02 miles

  • FLO

    1.34 miles

  • 76

    1.38 miles

  • APP

    1.40 miles

  • CFN

    1.45 miles

  • Pyramid Gold Diesel

    1.52 miles

  • Pilot Express

    1.55 miles

  • Tesla Supercharger

    1.59 miles

  • Lot G

    0.97 miles

  • Tacoma Dome Station Parking

    1.14 miles

  • Union Pacific Parking

    1.27 miles

  • Emerald Queen Casino Parking Garage

    1.40 miles

  • Greater Tacoma Convention Center Parking Garage

    1.65 miles

  • South Tacoma East Park & Ride - North Side

    1.74 miles

  • South Tacoma East Park & Ride - South Side

    1.77 miles

  • Hotel Murano Hotel & Pavilion Parking

    1.79 miles

  • Umpqua Bank #130-93

    1.81 miles

  • Market Street Public Parking

    1.94 miles

  • Subway

    0.05 miles

  • TeriyakiWok

    0.06 miles

  • Little Caesars

    0.07 miles

  • Papa Murphy's

    0.18 miles

  • Domino's

    0.21 miles

  • Taqueria La Fondita

    0.32 miles

  • Flying Boots & Wings

    0.39 miles

  • Thai Binh Duong

    0.41 miles

  • Stanley & Seafort's

    0.45 miles

  • Vien Dong

    0.51 miles

  • East Asia Market

    0.37 miles

  • Lucky Supermarket

    0.56 miles

  • Hong Kong Supermarket

    0.57 miles

  • Safeway

    0.93 miles

  • B & A International Foods

    1.12 miles

  • Burlington

    1.57 miles

  • JCPenney

    1.68 miles

  • Macy's

    1.80 miles

  • Tacoma Mall

    1.85 miles

  • Nordstrom

    1.95 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact 111 South 38th Street