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.
|
DAYS ON MARKET
|
45
|
LAST UPDATED
|
11/11/2024
|
|
TRACT
|
Tacoma
|
YEAR BUILT
|
2003
|
|
COMMUNITY
|
Tacoma
|
COUNTY
|
Pierce
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Commercial
|
| AREA |
54 - South Tacoma |
| HEAT |
None |
| LOT |
3.6705 acre(s) |
| SEWER |
Septic Tank |
| STYLE |
75 - Retail |
| SUBDIVISION |
Tacoma |
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