Industrial Property for Sale in Tacoma, WA
- Price: Contact for price
- Listing type: For sale
- Asset type: Industrial Property
- Location: Tacoma, WA 98409
Description
The property at 6035 S Adams Street is a commercial parcel located in Pierce County, Washington, with zoning classification M2. The lot comprises approximately 0.14 acres and has flood zone classifications B and X. Recorded under APN/Parcel ID 327000-0020, it is legally described as part of Cowans subdivision, lots 1 through 4, block 7. The site is in the University Place submarket within the Seattle/Puget Sound region. Access to regional transport infrastructure, including freight ports and commuter rail, positions the property within an active logistics and industrial corridor.
Market Context
This industrial in Tacoma, WA is listed for sale. It has been on the market for 4 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
- Alec Goodwin · alec.goodwin@jll.com
- Bill Honsaker · bill.honsaker@jll.com
Explore this market
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