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$2,299,950 Pending

7406 27th St W
University Place, WA 98466


18,831 sq ft,
1.48 acre lot
Commercial: Commercial - MLS# 1186902
Property Photo
1/20

Description

Investor Alert!! Great Cash Flow and Cap Rate. 18,831 square feet of space. This very nice building consists of 2 retail spaces located in the front, 40 office/retail interior units and a conference room. Abundance of parking. Sit's in the heart of University Place near Whole Foods, Trader Joe's, City Hall, Safeway, TCC & Fred Meyers.

Features

  • Acres: 1.4761
  • Approximate Office Square Feet: 16500
  • Area: University Place
  • Area Number: 32
  • Building Condition: Good
  • County/Area: Pierce County
  • Description Unit 1: 43 Units
  • Features: B|e
  • Floor Covering: Ceramic Tile, Vinyl, Wall to Wall Carpet
  • Foundation: Poured Concrete, Slab
  • General Zoning Classification: C
  • Gross Adjusted Income: $286354
  • Gross Scheduled Income: $304632
  • Insurance Expenses: $3722
  • Lease Expiration Unit 1: 1800-01-01 00:00:00
  • Lease Expiration Unit 2: 1800-01-01 00:00:00
  • Lease Expiration Unit 3: 1800-01-01 00:00:00
  • Lease Expiration Unit 4: 1800-01-01 00:00:00
  • Lease Expiration Unit 5: 1800-01-01 00:00:00
  • Lease Expiration Unit 6: 1800-01-01 00:00:00
  • Listing Status: Pending
  • Net Operating Costs: 195737
  • Other Expenses: $34043
  • Power Company: Tpu
  • Property Type: Commercial
  • Roof: Tile
  • Sewer: Sewer Connected
  • Sewer Company: Pierce County
  • Sold Date: 1800-01-01 00:00:00
  • Sq.Ft.: 18831
  • Square Feet Unit 1: 16000
  • Sub Type: Commercial
  • Total Covered Parking: 80
  • Type of Use Unit 1: Retail & Office
  • Water Company: Tpu
  • Water Source: Public
  • Water/Sewer/Garbage: 21613
  • Year Built: 1985
  • Zip Code: 98466

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