Industrial Property for Sale in Tacoma, WA
- Price: $2M
- Listing type: For sale
- Asset type: Industrial Property
- Location: Tacoma, WA 98444
Description
Discover a prime investment opportunity in the heart of Tacoma, WA. This 7,800 SF building offers an ideal space for industrial and manufacturing operations, providing ample room for growth and customization. Situated in the thriving Tacoma area, the property benefits from its strategic location with convenient access to major transportation routes, enabling seamless logistical operations. With its versatile layout and potential for expansion, this property presents a compelling opportunity for industrial and manufacturing investors looking to establish a strong presence in a dynamic and growing market. Unlock the potential of this property and elevate your industrial enterprise in the vibrant city of Tacoma.
Market Context
This industrial in Tacoma, WA is listed for sale at $1,960,000. It has been on the market for 21 days. Compare it against other industrial listings for sale in Tacoma, WA — <a href="/search/sale/industrial/washington/tacoma">view the full market</a>.
As of Q4 2024, the Seattle / Bellevue industrial market showed a 9.7% vacancy rate, average asking rents near $12.84/SF/yr, rents up 9.1% year over year, and cap rates around 5.2%. Source: Consensus Q4 2024 market report.
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Industrial market FAQ
- What is the typical cap rate for industrial in Seattle / Bellevue?
- About 5.2% as of Q4 2024, per Consensus.
- Is the Seattle / Bellevue industrial market tightening or softening?
- Vacancy is around 9.7%, with asking rents rising year over year (Q4 2024).
Contact
- Morgan Richey · 1425362-1409 · morgan.richey@nmrk.com
- Morgan Richey · 1425362-1409 · morgan.richey@nmrk.com
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